Prince Andrew reportedly generated significant private income by subletting cottages at the Royal Lodge estate while paying minimal or no rent, according to a National Audit Office report published on June 4-5, 2026. The revelations have intensified scrutiny over royal financial practices and raised questions about taxpayer-funded privileges.The Independent+2
The investigation found Andrew Mountbatten-Windsor had been subletting properties on the Windsor Estate for over two decades, potentially earning up to £180,000 annually. He occupied the 30-room Royal Lodge rent-free while leasing out adjacent cottages. This arrangement continued until his February 2026 eviction following Epstein-related controversies.Der Spiegel+2
Britain's public spending watchdog revealed the Duke of York's financial strategies lacked proper oversight. Dame Margaret Hodge, former Public Accounts Committee chair, criticized the National Audit Office for failing to track Andrew's subletting income earlier. The report also noted King Charles paid below-market rents for royal relatives' accommodations.The Guardian+2
The scandal has sparked demands for greater royal financial transparency. Authorities are reviewing whether public funds were improperly used, as the crown estate technically owns Royal Lodge. The comptroller of accounts' report highlights systemic issues in monitoring royal property dealings.Libération+2