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Headline: UNCAPTIONED: Former Prince Andrew Granted £302,000 for Giving Up Royal Lodge

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Former Prince Andrew Granted £302,000 for Giving Up Royal Lodge. Andrew Mountbatten-Windsor has been granted £302,000 in compensation after surrendering the lease on Royal Lodge, his former home in Windsor, more than 50 years before expiring. The former Duke of York was entitled to the payment under the terms of his lease, which allowed for compensation if the agreement ended within its first 25 years. The Crown Estate said Mountbatten-Windsor had paid £1.8m in repair and restoration costs, with the compensation reducing his net bill to around £1.5m. He moved out of the 30-room mansion earlier this year following scrutiny of his association with Jeffrey Epstein and the decision by King Charles to strip him of his royal titles. The arrangement has attracted public attention because Mountbatten-Windsor had paid only a nominal rent for the property while previously receiving undisclosed income from subletting three cottages. A National Audit Office investigation into royal property arrangements earlier this year highlighted questions about the financial terms of leases held by members of the Royal Family. However, the watchdog did not rule on whether the deals represented value for money for taxpayers. The Crown Estate said its focus was now on finding a future use for Royal Lodge that would generate additional financial value for the nation.
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Keywords: Current Affairs & Politics,former prince,Andrew Mountbatten-Windsor,Royal Lodge,compensation,surrender,property,lease,50 years,expire date,reforms,repairs,Windsor,Jeffrey Epstein,scandal,undisclosed,income,subletting,Royal Family,Crown Estate,audit

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