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celebrities20h ago
Princess Anne's secret loan to overhaul Gatcombe Park for family life
- The Princess Royal has lived at Gatcombe Park since 1977, with renovations funded to keep the estate functional.
- Channel 5’s documentary claims Anne took out a mortgage with her husband to fund renovations at Gatcombe Park.
- Reported costs included a £40,000 bill for redecoration, plumbing, electrics, and damp issues at Gatcombe Park.
- Renovations included reconfiguring the top floor to improve natural light in the bedrooms.
- Anne funds ongoing work on the estate via the working farm on site, per the HELLO! report.
- The article references royal leasing arrangements, noting some members lease residences from the Crown Estate or the Duchy of Cornwall.
- The HELLO! piece cites Prince Harry’s mortgage experience as a comparable royal financing example.
- The report highlights other royal housing topics, including Princess Kate and Prince William leasing Forest Lodge from the Crown Estate.
- The article frames Gatcombe Park as a long-term family estate requiring ongoing renovations.
- The HELLO! piece situates Gatcombe Park within broader royal housing dynamics, including royal family fiscal arrangements.
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