There just a few members of the Royal Household who’re permitted to pay peppercorn lease – or no lease in any respect.
The brand new report has produced some surprising particulars (Picture: GETTY)
TABLE OF CONTENT
- Checklist of royals residing rent-free
Princess Beatrice and Princess Eugenie don’t pay any lease in the direction of their properties at royal palaces, a brand new investigation has discovered. It has emerged that the 2 daughters of Andrew Mountbatten-Windsor and Sarah Ferguson, now aged 37 and 36, have their rents paid in full by their uncle, King Charles.
The sisters have residences elsewhere and are each non-working royals with full-time careers outdoors the Agency. Their rents have been adjusted based mostly on outdated market valuations.
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The Nationwide Audit Workplace’s report discovered that the King is paying the lease of the late Queen Elizabeth II’s cousin, Prince Michael of Kent, and his spouse, at Kensington Palace. That is regardless of Buckingham Palace asserting that, from 2010, the couple would pay the then-£120,000 yearly lease themselves.
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Checklist of royals residing rent-free
Checklist of non-working royals
- Princess Beatrice
- Princess Eugenie
- Prince and Princess Michael of Kent
Checklist of working royals
(Andrew Mountbatten-Windsor did when he lived at Royal Lodge)
Andrew had additionally been discovered to be paying peppercorn lease – a really low or nominal quantity of lease – on his former Windsor residence, Grade-II listed Royal Lodge.
As well as, the Nationwide Audit Workplace’s report into the Agency’s residential property preparations discovered that Andrew obtained undisclosed revenue from renting out three properties on his Royal Lodge property.
The NAO didn’t disclose how a lot revenue Andrew generated by means of these subletting preparations – stating that such figures have been non-public – nor did it affirm whether or not the properties have been constantly occupied by tenants.
The previous Duke of York’s subletting actions concluded in April 2026.
Princess Beatrice and Princess Eugenie are usually not working members of the Agency (Picture: GETTY)
Prince Edward and Duchess Sophie secured a 150-year lease on Bagshot Park in Surrey in 2007, earlier than paying a £5 million premium that entitled them to peppercorn lease thereafter.
It has additionally been reported that, till 2020, the couple generated non-public revenue by renting out the steady advanced at Bagshot Park to a 3rd social gathering.
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