Things have continued to go from bad to worse for Andrew Mountbatten Windsor, formerly known as Prince Andrew. Since being stripped of his titles last month, Andrew has also been asked to leave his Royal Lodge mansion. But he won’t receive a payout for leaving his lease early.
The former Prince Andrew can now be “denied” the payout, according to a source
To recap, Andrew has been under the microscope in recent weeks following the posthumous release of Virginia Giuffre’s memoir. Nobody’s Girl reiterated Andrew’s alleged ties to convicted sex offender Jeffrey Epstein, and the book’s claims put pressure on the Royal Family to take action against Andrew. Ultimately, they did just that.
Before Buckingham Palace’s statement about Andrew’s titles and Royal Lodge home, it was thought that evicting him wouldn’t be easy. The disgraced royal had a pretty watertight lease on the property, which he took out in 2003. It was due to last 73 years, which would have outlived Andrew, who is 65.
The lease had a long list of stipulations. In return for the “peppercorn rent” he paid on it, Andrew was expected to keep repairs up at Royal Lodge. But it seems Andrew didn’t keep up with those repairs as well as he should have.
Speaking to the Daily Mail, an insider revealed “a lot of work” is required at the mansion. Andrew, therefore, isn’t entitled to a big payout for moving out early, as the cost of these repairs will be deducted from any compensation.
Per the insider, Andrew would have received $728,000 (£558,000) from the Crown Estate for moving out early. Instead, the former Prince will get a one-off, six-figure payment to cover his move. On top of that, the source said King Charles will privately fund an annual stipend to prevent his brother from “overspending in his new life as a commoner.” It’s reported this annual fee will be worth much more than Andrew’s Navy pension, which comes to $26,057 (£20,000) a year.
TELL US – DO YOU THINK ANDREW MOUNTBATTEN WINDSOR SHOULD BE ENTITLED TO ANY MONEY FOR MOVING OUT OF ROYAL LODGE?
