8legs: National audit office

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The NAO findings show Beatrice and Eugenie benefit from free housing despite not being official working royals, aligning with a past royal agreement.
Eugenie is described as having a substantial career at Hauser & Wirth, supplementing her royal status with private earnings.
Beatrice also works in what is thought to be a paid role, founding BY-EQ to advise technology and market-leading firms.

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The NAO report shows Andrew Mountbatten-Windsor benefited from income by subletting cottages at the Royal Lodge, while living rent-free for more than 20 years.
Buckingham Palace declined to comment, while Andrew was also approached for a response amid the NAO findings.
The Guardian notes King Charles funds Beatrice and Eugenie’s accommodation, underscoring ongoing private funding within royal housing.

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Latest: NAO reports King Charles has been funding Beatrice and Eugenie’s below-market rents from private funds.
The rents were calculated on outdated market valuations for several years, according to the NAO.
Rents for Eugenie and Beatrice were 64% and 68% of 2026 open market values respectively.
Rent subsidies are paid by Charles from the Privy Purse, sourced from the Duchy of Lancaster.
The NAO did not disclose exact amounts due to privacy concerns.
Beatrice and Eugenie are non-working royals with regular jobs, and their rents align with property valuations.
The Crown Estate defended lease dealings as guided by professional advice and market valuations.
Buckingham Palace emphasized transparency in Royal Household property arrangements.
The NAO said leases vary based on location, tenants, and purpose within occupied royal palaces.
The NAO highlighted the rents for Beatrice and Eugenie were below market values in recent years.
The report ties into broader scrutiny of royal housing arrangements and subsidies for non-working royals.
The NAO report also mentions other royal leases and the Crown Estate's involvement.

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Margaret Hodge says it is shocking the NAO could not establish Andrew Mountbatten-Windsor's income from subletting Windsor properties.
Hodge also questioned coverage of all Crown Estate properties in the NAO report and the use of taxpayer funds.
The NAO report notes Mountbatten-Windsor received private income from subletting three cottages on Windsor Royal Lodge while paying a peppercorn rent.
The NAO also found that the Crown Estate, Kings Charles, and other royals have varied lease arrangements and valuations.
The report notes the King pays an adjusted rent from the Duchy of Lancaster for his brother’s non-working royal daughters.
The Windsor Forest Lodge home underwent significant repairs before the Cambridges moved in.
The NAO says the Crown Estate leases were aligned with professional advice and open market valuations.
Buckingham Palace and the Crown Estate defended transparency and context around the royal property arrangements.
The Guardian report anchors the story in ongoing scrutiny of royal funding and taxpayer subsidies.
The NAO’s findings are expected to influence the Commons public accounts committee inquiry into royal properties.

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