{"id":12438,"date":"2026-06-05T12:01:35","date_gmt":"2026-06-05T12:01:35","guid":{"rendered":"https:\/\/siliconvalleymovingpost.com\/?p=12438"},"modified":"2026-06-05T12:01:35","modified_gmt":"2026-06-05T12:01:35","slug":"former-prince-andrew-made-money-subletting-cottages-on-his-rent-free-estate-report-shows","status":"publish","type":"post","link":"https:\/\/siliconvalleymovingpost.com\/?p=12438","title":{"rendered":"Former Prince Andrew made money subletting cottages on his rent-free estate, report shows"},"content":{"rendered":"
\n

By JILL LAWLESS<\/strong><\/p>\n

LONDON (AP) \u2014 The former Prince Andrew made money by subletting three cottages on the estate where he lived rent-free for two decades, according to a report on the royal family\u2019s properties released Friday by the U.K. public spending watchdog.<\/p>\n

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It also disclosed that his daughters, Princess Beatrice and Princess Eugenie, live in rent-controlled palace properties paid for by their uncle, King Charles III.<\/p>\n

The National Audit Office report said Andrew Mountbatten-Windsor received income from renting out the cottages on the Royal Lodge estate, his home near Windsor Castle for more than 20 years. A lease for Royal Lodge signed in 2003 shows he paid only a nominal fee known as a \u201cpeppercorn rent\u201d for the property, which included a 30-room mansion and eight cottages, three of which he was allowed to sublet.<\/p>\n

The amount of income was not included in the report, an omission that Margaret Hodge, a Labour member of the House of Lords and former head of Parliament\u2019s Public Accounts Committee, said was concerning.<\/p>\n

\u201cIt\u2019s shocking that the National Audit Office was not able to establish how much money Andrew Mountbatten-Windsor secured from the properties he let,\u201d she said.<\/p>\n

The audit office review was carried out at the request of lawmakers after Mountbatten-Windsor was stripped of his royal titles and evicted from Royal Lodge by his brother, the king, following revelations about his friendship with the late convicted sex offender Jeffrey Epstein. Mountbatten-Windsor moved earlier this year to the king\u2019s Sandringham Estate in eastern England.<\/p>\n

In February, the former prince, 66, was arrested and questioned by police about allegations of misconduct in public office. Mountbatten-Windsor has repeatedly denied wrongdoing, and has not been charged.<\/p>\n

\n<\/div>\n

The royals\u2019 housing arrangements<\/h4>\n

The audit office report shows that 11 working royals receive free housing within palaces in return for their official duties. They include the king and Queen Camilla, Prince William and his wife Catherine, and the king\u2019s youngest brother, Prince Edward, and his wife Sophie.<\/p>\n

William and Kate also have a family home near Windsor, for which they pay rent of about $413,000 a year.<\/p>\n

The rents on Eugenie\u2019s cottage in Kensington Palace and Beatrice\u2019s apartment in St. James\u2019s Palace are set at a portion of open-market value that has ranged in recent years between 50% and 68%. Both rents are paid out of the Privy Purse, the monarch\u2019s private funds.<\/p>\n

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The pair are not considered \u201cworking\u201d royals who carry out public duties, and both have outside jobs.<\/p>\n

\n<\/div>\n

Buckingham Palace said the audit office report \u201cis in line with the royal household\u2019s commitment to transparency. We hope that the findings will help correct, clarify or contextualize a number of points regarding royal properties.\u201d<\/p>\n

Critics of the monarchy cited the findings as evidence the royal family does not pay its way.<\/p>\n

\u201cIt shows an absolute total contempt for the taxpayer, not only that Andrew was able to have a peppercorn rent for a gigantic property, but then to make potentially millions on the side from subletting properties,\u201d said former Liberal Democrat lawmaker Norman Baker, a longtime critic of royal finances.<\/p>\n

The prince\u2019s links to Epstein<\/h4>\n

Mountbatten-Windsor has featured in millions of pages of documents about Epstein released by the U.S. Department of Justice in January, showing how the wealthy financier used an international web of rich, powerful friends to gain influence and sexually exploit young women and girls.<\/p>\n

British police are looking into claims that Mountbatten-Windsor sent confidential trade information to the disgraced financier when he served as U.K. trade envoy from 2001 to 2011. Detectives say they may broaden their investigation to include allegations of sexual misconduct and have appealed for witnesses to come forward.<\/p>\n

Mountbatten-Windsor has rarely been seen in public since he moved to the Sandringham Estate, about 100 miles north of London. He was photographed Thursday in a car with a large bruise on his face.<\/p>\n

The Times of London said, without citing sources, that the bruise was the result of a \u201cnonserious medical condition.\u201d<\/p>\n

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A report by Britain’s public spending watchdog shows that the former Prince Andrew made money by subletting cottages on his rent-free estate<\/p>\n","protected":false},"author":1,"featured_media":12437,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43,2],"tags":[],"class_list":["post-12438","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-based-on-facts-either-observed-and-verified-directly-by-the-reporter-or-reported-and-verified-from-knowledgeable-sources","category-news"],"yoast_head":"\nFormer Prince Andrew made money subletting cottages on his rent-free estate, report shows - Silicon Valley Moving Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/siliconvalleymovingpost.com\/?p=12438\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Former Prince Andrew made money subletting cottages on his rent-free estate, report shows - 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