King Charles planning to rent out Prince Andrew’s property

King Charles reportedly plans to rent out Prince Andrew‘s Royal Lodge for £1 million a year once his brother vacates the property.

The monarch aims to generate commercial revenue from the mansion, located in Windsor Great Park, amid ongoing efforts to relocate the Duke of York.

Prince Andrew has so far refused to move, relying on his “cast-iron lease,” which includes a clause ensuring the £30 million lodge is kept in good repair. Despite being offered alternative residences, Andrew has declined them.

“As far as he [Andrew] is concerned, he isn’t moving,” an insider said.

“He can not be any clearer. He’s not going to leave and move into another property, he has a lease, he’s spent millions on doing the place up and doesn’t want to move. Whoever is behind this would have to drag him out and that clearly isn’t going to happen.”

Expected to persuade Andrew

Sources close to the situation believe King Charles will eventually persuade Andrew to leave.

One potential measure includes cutting off the £4 million annual allowance that Charles currently provides to support his brother.

“It makes sense for Royal Lodge to be handed back to Crown Estates, which can pay for the much-needed repairs and renovations,” a source told The Sun.

“It could then be rented to earn money for them, the King’s coffers and the country rather than being a drain on everyone’s resources.”