Former Prince Andrew made money subletting cottages on his rent-free estate, report shows
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 "peppercorn rent" for the property, which included a 30-room mansion and eight cottages, three of which he was allowed to sublet.
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 "peppercorn rent" for the property, which included…
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 "peppercorn rent" for the property, which included a 30-room mansion and eight cottages, three of which he was allowed to sublet.
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