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Prince Andrew's Controversial Royal Lodge Lease Under Scrutiny

10/21/2025

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Summary

Story summary

Prince Andrew has lived rent-free at Royal Lodge for over 20 years, paying a peppercorn rent since a 75-year lease began in 2003.
Prince Andrew paid £1 million for the lease, spending at least £7.5 million on renovations.
Revelations about lease terms intensified scrutiny after he lost his annual allowance from the King.
The Crown Estate would owe Prince Andrew £558,000 if he vacates before the lease expires in 2078.

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Story summary

Prince Andrew has lived rent-free at Royal Lodge for over 20 years, paying a peppercorn rent since a 75-year lease began in 2003.
Prince Andrew paid £1 million for the lease, spending at least £7.5 million on renovations.
Revelations about lease terms intensified scrutiny after he lost his annual allowance from the King.
The Crown Estate would owe Prince Andrew £558,000 if he vacates before the lease expires in 2078.