Prince Andrew hasn’t paid rent for his Grade II listed, 30-room Windsor home in 22 years, a report revealed.
A copy of the disgraced royal’s lease shows that he paid ‘one peppercorn (if demanded)’ of rent per year since 2003.
The rent for the Royal Lodge is about £260,000 a year, but Andrew is considered to have paid it up front for funding renovation work.
The lease, obtained by The Times, also shows that the prince paid £1 million for the lease plus at least £7.5 million for refurbishments in 2005. He and his family are set to live in the mansion until 2078.
Under the agreement, the Crown Estate would have to pay around half a million pounds if he were to leave the mansion before this.
The estate, which oversees the royal family’s massive land and property holdings, cannot sell the