report by the National Audit Office<\/a> \u2013 although it does not say how much Mountbatten-Windsor received in rental income.<\/p>\nIt does, however, also go on to reveal that the King pays the rent for accommodation in royal palaces for Mountbatten-Windsor\u2019s daughters Princesses Eugenie and Beatrice. His two daughters are not working royals.<\/p>\n
Royal Lodge lease<\/p>\n
The BBC reported that Mountbatten-Windsor had paid \u00a37.5m for repairs when he took on the lease for Royal Lodge, meaning he didn\u2019t have to pay a monthly rent.<\/p>\n
The watchdog report into royal residences shows that Princess Eugenie has a property in Kensington Palace, while Princess Beatrice has one in St James\u2019s Palace.<\/p>\n
They do not pay any rent for this central London accommodation, instead it is paid by the \u201cprivy purse\u201d, which is the monarch\u2019s personal money, to the Royal Household.<\/p>\n
Both of the palaces are maintained by public funding, through the Sovereign Grant.<\/p>\n
We are grateful to the National Audit Office for this report, which is in line with The Royal Household\u2019s commitment to transparency.\u201d<\/p>\n
A Palace spokesperson told The Neg: \u201cWe are grateful to the National Audit Office for this report, which is in line with The Royal Household\u2019s commitment to transparency.<\/p>\n
\u201cWe hope that the findings will help correct, clarify or contextualise a number of points regarding Royal properties.<\/p>\n
\u201cAs the report notes, arrangements for properties managed by the Royal Household vary based on a number of factors to ensure residences are filled appropriately, depending on their location, tenants and purpose.\u201d<\/p>\n
Three cottages<\/p>\n
Mountbatten-Windsor left Royal Lodge earlier this year, and moved to Sandringham in Norfolk.<\/p>\n
However, he still has the lease on Royal Lodge until October 2026.<\/p>\n
As well as the main building at Royal Lodge, there were another eight nearby properties.<\/p>\n
Mountbatten-Windsor\u2019s lease allowed three of these cottages to be sub-let, which he did until April 2026.<\/p>\n
The BBC article claimed Palace sources suggested he rented the property to staff or retired staff and the amount was only enough to cover running costs.<\/p>\n
\t\t\t
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![\"Andrew](\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/06\/Andrew-Mountbatten-Windsor.jpg\")
<\/p>\n