King Charles III is subsidising the rent of his nieces, Princesses Beatrice and Eugenie, at Royal Lodge in Windsor, according to a newly published report by the UK National Audit Office. The document reveals that the monarch is covering the market-rate rent for the two women—aged 35 and 33—while their father, Prince Andrew, who no longer lives in the property, received undeclared income from sub-letting three cottages on the same estate. The arrangement has reignited scrutiny of royal finances and the use of public funds within the monarchy.
The National Audit Office’s report, published on 5 June 2026, details how the royal household allocates residential properties. Royal Lodge, a 30-room mansion on the Windsor estate, is officially designated for “official use,” but Andrew, who stepped back from public duties in 2019, has continued to benefit from its associated cottages. Investigators found that he earned undisclosed rental income from three properties on the estate while residing there rent-free. The report does not specify the amounts involved but notes that the cottages were sub-let without prior approval from the Crown Estate, which manages the land.
Charles’s decision to pay the market rent for Beatrice and Eugenie—reportedly around £12,000 per month—has drawn criticism from transparency campaigners. “It raises questions about value for money and the consistency of financial arrangements across the royal family,” said a spokesperson for Republic, a group advocating for an elected head of state. The monarchy’s Sovereign Grant, funded by taxpayers, covers official residences, but the report highlights grey areas when properties are used for private purposes.
In response, a Buckingham Palace spokesperson stated that the arrangements comply with existing guidelines and that the rent payments reflect the properties’ commercial value. The Crown Estate confirmed it is reviewing the sub-letting of the cottages by Andrew’s representatives. Meanwhile, the National Audit Office has recommended clearer rules on the use of royal residences to prevent future conflicts.
The revelations come amid broader debates over royal finances and the monarchy’s adaptation to modern expectations of transparency. With public scrutiny intensifying, the episode underscores the challenges of balancing tradition with accountability in the 21st century.
King Charles pays nieces' rent as audit exposes Prince Andrew's undeclared income