King Charles cuts off Prince Andrew’s funding, ending financial support for Royal Lodge

Prince Andrew has reportedly lost financial support from his brother, King Charles, with funding for the Duke of York’s security and maintenance of his residence at Royal Lodge, Windsor, reportedly cut off. According to royal biographer Robert Hardman in his updated book Charles III: New King. New Court. The Inside Story, the decision signifies a major shift in Prince Andrew’s financial independence.

The Duke, who has faced increased scrutiny over his royal role and finances, is said to be under pressure to cover the high costs associated with the 30-room Royal Lodge, a Grade II-listed building he leases from the Crown Estate. Hardman claims that the Keeper of the Privy Purse, responsible for royal finances, has been directed to halt any personal allowances or security funding for Prince Andrew, amounting to several million pounds annually. Hardman quotes a source as saying, "The duke is no longer a financial burden on the King."

Although Buckingham Palace has declined to comment, it’s suggested that the decision aligns with a longer-standing question about the future of Prince Andrew’s finances and accommodation. The Duke’s lease agreement for Royal Lodge, signed in 2003, extends until 2078, allowing him to retain residence if he can afford ongoing expenses. Reports indicate that Andrew invested over £7.5 million in initial renovations, alongside a £2.5 million advance payment for lower annual rent.

If he finds the costs unsustainable, Prince Andrew might consider moving to a smaller, more affordable property such as Frogmore Cottage, formerly occupied by Prince Harry and Meghan. However, his personal lease terms create little incentive to vacate Royal Lodge, despite the financial strain.