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Topics: Royal Family, Prince Andrew, UK News, News
Rhiannon Ingle
Topics: Royal Family, Prince Andrew, UK News, News
Andrew Mountbatten Windsor's eviction date from Royal Lodge has now been revealed following Buckingham Palace's announcement stating his removal of royal titles and honours.
The Palace made the announcement last week (30 October), confirming that it had begun the process of removing Andrew's titles, following his previous announcement that he would relinquish his titles due to new allegations surrounding his relationship with the late convicted sex offender Jeffrey Epstein.
Andrew has always denied any wrongdoing.
Now, before losing his titles, the 65-year-old's wealth was modest by royal standards, but still significant.
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Estimates in 2025 placed his net worth at around £3.7 million (approximately $5 million) and, over the decades, he is reported to have received nearly £13 million in funding for royal duties.
A major component of his assets is the long-term lease on Royal Lodge at Windsor Great Park, where he has lived for years on very favourable terms.
He reportedly paid £1 million for the lease and invested £7.5 million in refurbishments - an arrangement that effectively allowed him to pay no rent once the renovation was complete.
Spread over the 75-year lease, this equates to roughly £113,000 per year, which is far below the property’s estimated market rate.
However, Buckingham Palace has now confirmed that formal notice has been served for Andrew to surrender the lease, stating: "His lease on Royal Lodge has, to date, provided him with legal protection to continue in residence.
"Formal notice has now been served to surrender the lease, and he will move to alternative private accommodation. These censures are deemed necessary, notwithstanding the fact that he continues to deny the allegations against him."
However, in the latest update, the BBC has reported that Andrew will not have to leave Royal Lodge, in which he has lived for decades, immediately and could move to Sandringham as late as the new year.
The Palace has said Andrew's move from Royal Lodge in Windsor to Sandringham will take place 'as soon as possible and practicable'.
But, according to royal sources, a delay in King Charles III's youngest brother's moving until the new year would avoid him being in Sandringham at Christmas, where the Royal Family traditionally gathers for the festive season.
Andrew will then move to an undisclosed property on the privately-owned estate.
Charles will privately fund Andrew’s accommodation and provide him with some personal financial support.
In the Palace's official statement from last week, it was noted that while Andrew continues to deny the allegations against him, these steps were 'necessary' and the King expressed 'sympathy for all victims and survivors of abuse'.