The NAO audit lays bare a sweetheart deal that let Andrew Mountbatten-Windsor pocket rental income from three cottages while paying virtually nothing to live in a 30-room mansion for over 20 years. Rental income went straight into his pocket rather than back to the Crown Estate, and the watchdog couldn't even determine how much he made. Non-working royals Beatrice and Eugenie also get their palace rents covered by King Charles — a system that treats public assets like a private piggy bank.
The NAO report confirms Andrew's subletting was permitted under his lease and that rental income likely only covered staff maintenance costs — hardly the scandal it's being made out to be. Beatrice and Eugenie's rents are paid from the King's private Privy Purse funds, not taxpayer money, and are set at roughly 60 percent of market value. The Crown Estate confirmed all arrangements followed independent professional advice and open market valuations.
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