menu_open Columnists
We use cookies to provide some features and experiences in QOSHE

More information  .  Close

King Charles Faces Growing Pressure Over Whether to Disclose Prince Andrew's Royal Lodge Rental Income

15 0
friday

King Charles is facing renewed calls to disclose how much rental income his brother, Andrew Mountbatten-Windsor, earned by subletting cottages on the Royal Lodge estate, following a National Audit Office review that found the arrangement had gone undisclosed for years, according to reports and public comments from lawmakers.

The dispute centers on three cottages located on the Royal Lodge grounds in Windsor, which Andrew leased from the Crown Estate under an agreement dating back to 2004. According to the National Audit Office, Andrew directly rented the cottages to tenants and kept the income himself, though the watchdog said it did not have visibility into how much rent he actually charged.

The National Audit Office's review, part of its first examination of royal residences in two decades, confirmed that Andrew received private rental income from the cottages while paying a below-market rent on the broader Royal Lodge property under his original lease. The audit also noted that the cottages had been sitting vacant since April, following Andrew's relocation earlier this year to Marsh Farm, a smaller property on the Sandringham estate.

James Chalmers, the King's Keeper of the Privy Purse and Treasurer, told a parliamentary committee that the Royal Household could obtain and share detailed financial information if Parliament formally requested it, drawing on the same process used in the original NAO review. "What I can say is the role we played with the NAO report, which we can play here, was we gathered the information from the other households, and I........

© International Business Times