Overview
- Newly disclosed terms show a 75-year lease signed in 2003 that runs to 2078 with rent set at one peppercorn if demanded.
- Prince Andrew paid about £1 million for the lease and more than £7.5 million on renovations and is obliged to fund ongoing upkeep.
- The contract provides for roughly £558,000 in compensation if he gives up the lease now, paid at about £185,000 a year until 2028.
- Senior politicians are urging him to vacate Royal Lodge, though the Prime Minister’s spokesman notes the Crown Estate is statutorily independent and operates commercially.
- King Charles has sought to move his brother, yet eviction remains legally and politically complex; Andrew has said he will stop using his title but remains the Duke of York.