Calls for inquiry into ‘all royal finances’ after Andrew subletting revelations
Summary
Campaigners have asked for a full investigation into the finances of the British royal family after news showed Andrew Mountbatten-Windsor received private income from renting out cottages on his royal estate while paying very low rent. The National Audit Office reported unclear details about the rent charged, leading to calls for changes in how royal properties are managed and for more transparency.Key Facts
- Andrew Mountbatten-Windsor sublet three cottages on his Royal Lodge estate, earning private income while paying a small rent known as a "peppercorn rent."
- The National Audit Office found the rental income went to Andrew but could not verify the exact rent amounts.
- Campaign group Republic and politician Norman Baker want a full public inquiry into all royal family finances.
- Princesses Beatrice and Eugenie live in royal palaces with rent paid privately by King Charles, adjusted due to security checks.
- The Crown Estate is a large property portfolio owned by the monarch but run as an independent business, with profits paid to the government.
- Andrew had a long lease on the estate after paying £1 million and £7.5 million for renovations but then paid a token rent.
- Some sources say the rent Andrew charged just covered upkeep costs, but no full details are public.
- There are demands for reform, including possibly limiting public housing support to only the monarch, not other royal family members.
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