Former Prince Andrew made money subletting cottages on his rent-free estate, report shows

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Prince Andrew collected rental income from cottages on Royal Lodge, an estate he occupied rent-free for over two decades near Windsor Castle. A 2003 lease shows he paid only a nominal "peppercorn rent" for the 30-room mansion and eight cottages, yet was permitted to sublet three of them for profit. The National Audit Office report details how the arrangement allowed him to generate revenue while shouldering minimal housing costs, a perk that drew scrutiny as questions mount about the terms extended to the royal.