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Crown Estate Releases Prince Andrew’s Royal Lodge Lease Showing Peppercorn Rent to 2078

Publication of the 2003 lease has sharpened scrutiny of the Crown Estate’s oversight of the Windsor property.

Overview

  • The newly shared document confirms a 75-year tenancy allowing Prince Andrew and his family to remain at Royal Lodge until 2078 with rent set at “one peppercorn (if demanded)” per year.
  • The lease records a £1 million premium and at least £7.5 million of refurbishments completed in 2005 on the Grade II-listed residence.
  • Contract terms allow forfeiture if rent is unpaid for 21 days or if tenant covenants are breached, with obligations on grounds upkeep, five‑year repainting and inspection rights for the Estate.
  • The Crown Estate said most details were already available via the Land Registry and a 2005 National Audit Office report, and it is reviewing whether a schedule of dilapidation can be released.
  • The disclosure has intensified calls from MPs and commentators for fuller transparency and for Andrew to give up the property, days after he said he will no longer use the Duke of York styling.