Prince Andrew finds himself in a precarious situation as he faces the challenge of securing thousands of pounds for ongoing renovations to his royal residence, aiming to avoid eviction.
The Duke of York is reportedly "determined" to keep his cherished luxury home at any cost, despite lacking a formal income. He's seemingly waiting for a miracle to fund the necessary work on his "dilapidated" mansion.
King Charles has granted Andrew a temporary reprieve, contingent on his promise to cover the extensive repair costs for the £30 million, 30-room estate—estimated to be around £2 million. Failure to maintain the property could result in eviction.
Princess Beatrice and Princess Eugenie's father is set to spend £20,000 on an external paint job for Royal Lodge, raising questions about his financial resources, according to a new report.
Last summer, the Duke reportedly paid over £200,000 for roof repairs on the royal mansion, a sum described as an "interim payment."
"Andrew is determined to hold onto Royal Lodge at any cost. He will find the money from somewhere," a source told Express UK. "It’s a status symbol for him, the last real show of royal power he has left. The only way he will leave that property is if he’s carried out in a wooden box," the source added.
Andrew’s ex-wife, Sarah Ferguson, has reportedly stepped in to support him and the rest of the family through her efforts. "Sarah saying she was able to help support Andrew and cover the costs involved with repairing Royal Lodge was part of the reason why the King was happy to allow them to stay in the property," the source explained.
The source further noted, "Andrew doesn’t want to move into Frogmore Cottage as he sees it as a major step down. The Yorks use the cottage for Beatrice or Eugenie when they visit with their children, but it’s not something they envision as a full-time residence. It’s not grand enough for Andrew."
The source continued, "Everyone jokes that the property is a money pit and is just like the Tom Hanks film. Even Andrew himself can see the funny side, but he’s determined to find the money to maintain the property and see out the end of his lease."