Princess Eugenie and Beatrice face inheritance blow as King Charles ‘cuts off’ Prince Andrew
Princess Eugenie and Beatrice face inheritance blow as King Charles ‘cuts off’ Prince Andrew
A property expert said that Prince Andrew might want his daughters, Princess Eugenie and Princess Beatrice, to inherit his Royal Lodge home – but may face ‘limitations’
Princess Eugenie and Princess Beatrice could face an inheritance blow after King Charles financially cut off his brother, Prince Andrew.
The monarch is said to have stopped paying for the Duke of York’s security in a bid to reduce expenses, leaving Andrew to fund it himself. Charles and Andrew have also been at loggerheads as the King wanted his younger brother to leave his Royal Lodge home in Windsor and move to Prince Harry’s and Meghan Markle’s former home, Frogmore Cottage, instead.
But now, a property expert said the issues could also extend to Andrew’s daughters, Eugenie and Beatrice, who may not be able to inherit Royal Lodge despite their father’s 75-year-lease. Speculation indicates that the 64-year-old has desires to keep the home within the family and leave it to his daughters.
PA)
However, Terry Fisher, of We Buy Any Home, shared why potential complications could occur and suggested any idea of inheritance may be difficult given the lease conditions, Aberdeen Live reported. The expert said: “Andrew’s long lease, reportedly lasting 75 years, shows that he’s invested significantly in Royal Lodge, giving him strong occupancy rights. He might hope to pass the property on to his daughters, Princesses Beatrice and Eugenie, once he can no longer reside there.
“However, Royal leases often include restrictions around succession, especially for properties intended to serve working royals. Such leases aren’t always straightforward inheritance-wise; transferring the lease to non-working members of the family could likely require the Crown Estate’s approval, especially under King Charles, who might prioritise other uses for Royal properties.”
He added: “In other words, while Andrew has substantial rights under the lease, he may still face limitations in passing it on to family without special permissions.” The expert added that the upkeep and security costs of the lodge are likely to mount to thousands of pounds annually, which could strain Andrew’s finances and potentially make it difficult for him to remain at the lodge.
PA)
Prince William and his wife, Catherine, have been named as the logical choices to replace Andrew at the Royal Lodge, should he vacate it. But according to royal expert Richard Kay, the Prince of Wales “is not interested in the property, at least not at the moment when all his focus is on Kate’s health.”
Royal Lodge, once home to the Queen Mother, is a 19th-century Grade II-listed property with a pool and 90 acres of land. Andrew signed a 75-year lease for the house back in 2003 and lives there with his ex-wife Fergie, but reports began to circulate in early 2023 that Charles was keen for his brother to move out and move into Frogmore Cottage, which has been recently renovated.
Reports that Charles decided to cut off his brother’s security costs emerged earlier this week in a new book by royal writer Robert Hardman. It claimed that the Keeper of the Privy Purse has been ordered to sever the disgraced Duke of York’s annual personal allowance, said to be worth £1million a year, and his private security. According to the book, a source said: “The duke is no longer a financial burden on the King.”
Top Stories
Don’t Miss
MORE ON
You can find this story in My Bookmarks.Or by navigating to the user icon in the top right.