EntertainmentKing Charles III's strategy for Prince Andrew's estate sparks conflict

King Charles III's strategy for Prince Andrew's estate sparks conflict

King Charles III made a surprising decision regarding Prince Andrew's estate. The disgraced aristocrat is doing everything he can to prevent the monarch's plans from fruition. What is this about?

King Charles III made a decision regarding Prince Andrew's house.
King Charles III made a decision regarding Prince Andrew's house.
Images source: © Getty Images | 2020 Getty Images
Kacper Kulpicki

30 June 2024 08:03

Prince Andrew was stripped of his royal title during the reign of Elizabeth II, due to his murky connections with Jeffrey Epstein. The late queen’s son was accused of a heinous act against a 16-year-old girl whom he supposedly met through the millionaire convicted of sexual offences.

As it turns out, this is just the beginning of his troubles. Upon taking the throne, Charles III continued his mother's path and demanded that his brother leave the Royal Lodge residence. Now, the 74-year-old ruler's new plans have been revealed.

Prince Andrew's residence was initially set to be handed over to Prince William and Kate Middleton, but they were not inclined to move in. Therefore, the ruler of the United Kingdom came up with a new, surprising idea.

King Charles III wants to cut the royal budget's maintenance costs for the building. Instead of an annual loss of CAD 6.8 million, he wants to start renting out the property for CAD 1.7 million.

It makes sense for the Royal Lodge to be returned to Crown Estates, (...) It can make money for the king and the country instead of draining costs - we read in "The Sun".

British real estate experts indicate that Prince Andrew's luxurious palace is worth around $51 million CAD. They considered the rental price appropriate. However, there is one fundamental problem. What is it?

Prince Andrew does not agree with Charles III's idea

Although the king's spokesman declined to comment to the tabloid, it is clear that Prince Andrew does not intend to agree to move out meekly. "Mail on Sunday" argued just a month ago that the gentlemen might meet over the matter and reach final arrangements.

It was speculated that if they do not agree, the unwanted resident might even face a cutoff of electricity and other utilities. However, the Duke of York has arguments to stay in the house he has resided in for over two decades.

He is referring to documents signed in 2003. They state that he obtained permission to lease the property for another 75 years.

Andrew is not going anywhere. The king cannot force him. He has an ironclad lease agreement that he intends to uphold - informs "The Sun".

It remains a mystery whether Charles III will manage to overcome the stubbornness of the unwanted tenant.

Prince Andrew with King Charles III
Prince Andrew with King Charles III© Getty Images | 2019 Max Mumby/Indigo
© Daily Wrap
·

Downloading, reproduction, storage, or any other use of content available on this website—regardless of its nature and form of expression (in particular, but not limited to verbal, verbal-musical, musical, audiovisual, audio, textual, graphic, and the data and information contained therein, databases and the data contained therein) and its form (e.g., literary, journalistic, scientific, cartographic, computer programs, visual arts, photographic)—requires prior and explicit consent from Wirtualna Polska Media Spółka Akcyjna, headquartered in Warsaw, the owner of this website, regardless of the method of exploration and the technique used (manual or automated, including the use of machine learning or artificial intelligence programs). The above restriction does not apply solely to facilitate their search by internet search engines and uses within contractual relations or permitted use as specified by applicable law.Detailed information regarding this notice can be found  here.