Home World News Prince Andrew secures funds to remain at royal lodge after allowance cut

Prince Andrew secures funds to remain at royal lodge after allowance cut

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Prince Andrew secures funds to remain at royal lodge after allowance cut

Prince Andrew claims he has secured the funds needed to stay at his £30 million residence, Royal Lodge, in Windsor

According to recent reports, his finances have been approved by Sir Michael Stevens, the Keeper of the Privy Purse.

Prince Andrew secures funds to remain at royal lodge after allowance cut
Prince Andrew secures funds to remain at royal lodge after allowance cut

Last month, King Charles stopped funding the Duke of York’s £3 million-a-year security at the 30-room estate, prompting questions about whether Andrew could afford to live there on his own.

Prince Andrew secures funds to remain at royal lodge after allowance cut
Prince Andrew secures funds to remain at royal lodge after allowance cut

Sources from the Palace and Crown Estate believe that while Andrew may be able to cover the costs for Royal Lodge for a year or two, his financial situation may not be sustainable long-term.

Prince Andrew secures funds to remain at royal lodge after allowance cut
Prince Andrew secures funds to remain at royal lodge after allowance cut

Royal writer Robert Hardman shared this in ‘Charles III: New King. New Court. The Inside Story’.

An insider reportedly told Hardman that if Andrew needs more financial support in the future, the options provided by the King “may be more limited and less appealing.”

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