👑⚡ Prince William Set to Shake Up the Monarchy as Future King Following Andrew Property Controversy

William ‘will make changes when he’s king’ after Andrew property row

Royal insiders have given the general public a taste of how the future King plans to run the Firm following revelations about former Prince Andrew’s living arrangements

 

Prince William

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An insider has revealed how Prince William plans to govern the Royal Family’s properties(Image: Getty Images)

 

Prince William is set to “do things differently” when he becomes King by cracking down on the way the Royal Family handles its vast property portfolio.

The Prince of Wales, 43, will reportedly consider banning longtime royal property practices like sub-letting of homes, when he takes the throne, and could stop those who don’t participate in official duties from living rent-free in palaces. The moves form part of a planned major review of his family’s living arrangements reminiscent of some of the first steps taken by King Charles III during his own reign.

Under William, they will be a priority, after a report last week revealed his uncle, Andrew Mountbatten-Windsor, was sub letting three cottages on his former Windsor home while paying a “peppercorn rent”.

 

Prince Andrew arriving for the Requiem Mass service for the Duchess of Kent at Westminster Cathedral, central London

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Former Prince Andrew was sub letting three cottages on the Windsor estate where he lived(Image: Jordan Pettitt/PA Wire)

 

The early picture of his future reign, reported by The Times, is said to be a priority for the Prince, who last week spent time touring pubs and put 600-acres of royal farmland up for sale. Sources close to him told the publication he wants “look under the hood” of royal operations to ensure the institution is “fit for purpose in the modern era”.

He is said to be especially conscious of how the public perceives the family’s non-working members, who continue to live in properties under favourable terms.

William recently made public the terms of his lease on Forest Lodge, the Waleses’ home in Windsor where he and the Princess of Wales will remain living when they are King and Queen. It showed they pay £307,500 a year in rent on the grade II listed mansion, £100,000 more than the previous tenants. A clause in the lease also prevents the sub-letting of three cottages in the grounds of Forest Lodge.

News of William’s views follows a report from the National Audit Office (NAO) which revealed disgraced former Prince Andrew was pocketing income from three rental cottages while staying at the Royal Lodge in Windsor. He was at the time paying a “peppercorn rent” at his own property.

 

Princess Beatrice of York and Princess Eugenie of York

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Beatrice and Eugenie were also living in subsidised properties at St James’s Palace and Kensington Palace(Image: Dave Benett/Getty Images)

 

The former Prince paid £7.5 million for repairs when he took over the Royal Lodge lease in August 2003, and was not required to pay a monthly rent. The NAO said in its report, the first in 20 years, that Windsor and his family and staff had 12 properties, each owned by the Crown Estate or Royal Household.

The report also revealed that the King pays rent for accommodation in royal palaces for his neices, Princesses Beatrice and Eugenie, neither of whom are working royals.

The two princesses have properties in St James’s Palace and Kensington Palace respectively, it added, with payments for the two coming from the King’s personal “privy purse”. Both palaces are maintained through the Sovereign Grant, money paid to the royals from the public purse.

 

Prince Andrew peeks through the doorway of a building

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The NAO report has ignited calls for an investigation into the royal finances(Image: POOL/AFP via Getty Images)

 

In total, the report found that the Royal Household, which is funded through the grant, furnishes 11 working members of the Royal Family with seven residences at no cost – in exchange for their duty work.

A spokesperson for the Palace said it was “grateful” after the report was released, saying it was “in line with the Royal Household’s commitment to transparency”. The spokesperson added: “We hope that the findings will help correct, clarify or contextualise a number of points regarding royal properties.

“As the report notes, arrangements for properties managed by the Royal Household vary based on a number of factors to ensure residences are filled appropriately, depending on their location, tenants and purpose.”