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Prince Andrew to lose Windsor property? Here’s how
Prince Andrew’s major financial deal to remain in Windsor ‘dead in the water’
Prince Andrew stands to lose the Royal Lodge, his residence in Windsor Great Park, after it was previously reported that his lease stretched to an extensive 75-year period.
The property, which the former duke acquired in 2003, was part of the deal which he had agreed upon with the Crown Estate — ensuring that “instead of paying annual rent, Prince Andrew made large lump sum payments up-front, including for renovations”, per the BBC.
However, it is the latest breakdown of a separate deal with the Dutch company, StartUpBootCamp, which has jeopardised the dishonoured royal’s claim to Royal Lodge.
Andrew had a commercial agreement with the Dutch firm, who would have paid for the Windsor property’s renovation costs. Though The Telegraph has reported that the deal is now “dead in the water”.
Since the Palace will no longer fund King Charles’ younger brother and his arrangement with StartUpBootCamp has gone up in flames, the Epstein conspirator will likely have to vacate the premises.
GB News has claimed, “Buckingham Palace has applied considerable pressure for Andrew to vacate the grand residence as officials believe the palatial home no longer suits his diminished royal standing.”
Moreover, the Prince Andrew-founded Pitch@Palace’s “proposed arrangement” with StartUpBootCamp “involved monetising connections and networks” established with the former’s help — an alignment which would have guaranteed that the Dutch corporation financially supported its royal collaborator.
However, the partnership fell apart due to the firm’s growing concerns over Prince Andrew’s negative publicity. Now, he would be forced to bear Royal Lodge’s “additional financial burdens”, which include council tax payments, insurance coverage, and maintenance services, if he doesn’t vacate the Windsor premises.