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Andrew won't get any money back after Royal Lodge move

Andrew won't get any money back after Royal Lodge move

Summary

Andrew Mountbatten-Windsor, previously known as Prince Andrew, is set to leave his home at Royal Lodge in Windsor without receiving compensation for ending his lease early. The property is reportedly in poor condition, which affects his eligibility for a payout. The Crown Estate has stated this in a report that will lead to an inquiry into royal property leases next year.

Key Facts

  • Andrew Mountbatten-Windsor is leaving Royal Lodge in Windsor next year.
  • He will not get compensation for ending his 75-year lease early due to the property's poor condition.
  • Andrew had a clause for potential compensation if he left within 25 years, depending on property maintenance.
  • The Crown Estate report led to a planned inquiry into royal property leases.
  • Andrew gave notice to leave the property just after losing his royal titles in October.
  • He initially secured the lease in 2003 with over £8.5 million paid up-front for renovations and a symbolic rent.
  • Andrew is expected to move to Sandringham, another royal estate, early next year.
  • Calls have been made for Andrew to testify in a U.S. inquiry related to Jeffrey Epstein.

Source Information