Verified source report

Former Prince Andrew made money subletting cottages on his rent-free estate, report shows

The National Audit Office report said Andrew Mountbatten-Windsor received income from renting out the cottages on the Royal Lodge estate, his home near Windsor Castle for more than 20 years. A lease for Royal Lodge signed in 2003 shows he paid only a nominal fee known as a "peppercorn rent" for the property, which included a 30-room mansion and eight cottages, three of which he was allowed to sublet.

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What happened

According to PBS News’s source item, Former Prince Andrew made money subletting cottages on his rent-free estate, report shows, The National Audit Office report said Andrew Mountbatten-Windsor received income from renting out the cottages on the Royal Lodge estate, his home near Windsor Castle for more than 20 years. A lease for Royal Lodge signed in 2003 shows he paid only a nominal fee known as a “peppercorn rent” for the property, which included a 30-room mansion and eight cottages, three of which he was allowed to sublet.

Context

The development sits in VINI’s News file for readers following public-interest developments across VINI coverage areas. The original report is linked so readers can check the source account, follow later updates, and compare new coverage against the first published record. The source item is dated 2026-06-05T16:31:47+00:00.

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Primary source: Former Prince Andrew made money subletting cottages on his rent-free estate, report shows via PBS News. VINI cites and links the source; it does not reproduce the publisher’s full article text without rights clearance.

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