Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleThe Crown Estate defended the initial lease terms for Andrew Mountbatten-Windsor's Royal Lodge, stating that arrangements allowing him to sublet properties offered "best value" when established. Crown Estate chief executive Dan Labbad presented this defence to a Commons Public Accounts Committee hearing investigating the management and governance of Crown Estate properties. A National Audit Office investigation previously revealed that Andrew Mountbatten-Windsor received an undisclosed private income from subletting three cottages on Royal Lodge for over two decades while paying a peppercorn - or purely nominal or token - rent. Andrew Mountbatten-Windsor's leasehold agreement for Royal Lodge included a £1 million premium and a further £7.5 million for refurbishments, in addition to the rent.The NAO also found that Princesses Beatrice and Eugenie pay adjusted, subsidised rents for their accommodation in royal palaces, based on out-of-date valuations, despite being non-working royals. In fullAndrew Mountbatten-Windsor’s Royal Lodge cottage subletting offered ‘best value for money’, MPs toldMore bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
MPs told Andrew Mountbatten-Windsor’s sublet cottages offered at ‘best value’
Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleThe Crown Estate defended the initial lease terms for Andrew Mountbatten-Windsor's Royal Lodge, stating that arrangements allowing him to sublet properties offered "best value" when established. Crown Estate chief executive Dan Labbad presented this defence to a Commons Public Accounts Committee hearing investigating the management and governance of Crown Estate properties. A National Audit Office investigation previously revealed that Andrew Mountbatten-Windsor received an undisclosed private income from subletting three cottages on Royal Lodge for over two decades while paying a peppercorn - or purely nominal or token - rent. Andrew Mountbatten-Windsor's leasehold agreement for Royal Lodge included a £1 million premium and a further £7.5 million for refurbishments, in addition to the rent.The NAO also found that Princesses Beatrice and Eugenie pay adjusted, subsidised rents for their accommodation in royal palaces, based on out-of-date valuations, despite being non-working royals. In fullAndrew Mountbatten-Windsor’s Royal Lodge cottage subletting offered ‘best value for money’, MPs toldMore bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
