A report from the National Audit Office indicates that Andrew Mountbatten-Windsor, also known as Prince Andrew, earned income from renting out cottages on the Royal Lodge estate, where he has resided for over 20 years. According to a lease agreement signed in 2003, he pays a nominal fee referred to as 'peppercorn rent' for the estate, which includes a 30-room mansion and eight cottages, of which he is permitted to sublet three.
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Former Prince Andrew received income from subletting cottages on Royal Lodge estate
A National Audit Office report reveals that Prince Andrew has been subletting cottages on the Royal Lodge estate, where he has lived rent-free for over two decades. The lease for the estate allows him to sublet three of the eight cottages while paying a nominal fee for the property.
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Former Prince Andrew made money subletting cottages on his rent-free estate, report shows
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Former Prince Andrew received income from subletting cottages on Royal Lodge estate
