All posts tagged: bankrolled

Princesses Beatrice and Eugenie are being bankrolled by King Charles – is it time they start paying rent?

Princesses Beatrice and Eugenie are being bankrolled by King Charles – is it time they start paying rent?

Princess Beatrice and Princess Eugenie have found themselves unwillingly in the spotlight again, following the release of a new report by the National Audit Office into the royal family’s residential property arrangements. The report uncovered the shocking detail that Andrew Mountbatten-Windsor, the King’s disgraced brother, was subletting his properties at Royal Lodge and gaining an undisclosed private income. It’s understood the rent Andrew received was to cover the maintenance and running costs of the sublets, and he did not make a profit; as the leaseholder, he was allowed to do that. But the revelation has prompted fresh outcry over the benefits Andrew had, while only paying peppercorn rent on his 30-room Windsor mansion. WATCH: Has the King been bankrolling Beatrice and Eugenie? The King’s rental agreement with Beatrice and Eugenie What was also laid bare in the report, however, was that Andrew’s daughters, Beatrice, 37, and Eugenie, 36 – two non-working members of the royal family who have their own careers, second homes in the Cotswolds and Portugal respectively, and are married to wealthy husbands …