UK’s ex-prince Andrew gets US$399,000 compensation on his mansion lease
Quick Look
Britain's Crown Estate announced that Mountbatten-Windsor surrendered his Royal Lodge lease over 50 years early, receiving £302,000 in compensation after previously funding £1.8 million in repairs.
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Why It Matters
Charles previously removed Mountbatten-Windsor's title and forced him out of his Windsor home due to the Epstein scandal.
Last year, Charles stripped Mountbatten-Windsor of his title of prince and forced him out of his Windsor home, as the royal family sought distance from the Epstein scandal. Mountbatten-Windsor was later arrested on suspicion of misconduct in public office. He has denied any wrongdoing.
Britain’s Crown Estate, which manages King Charles’ public property, said on Friday that Mountbatten-Windsor surrendered the lease on Royal Lodge more than 50 years early, entitling him to £302,000 in compensation.
Under the terms of the lease, Mountbatten-Windsor also paid £1.8 million to fund repairs needed on the property, but the compensation reduced that bill to £1.5 million, the Crown Estate said in a statement.
Open Questions
- Where will Mountbatten-Windsor reside next?
