UMVA has learned that King Charles' disgraced younger brother, Andrew Mountbatten-Windsor, was secretly earning an income by subletting cottages on his estate in Windsor, England.
A shocking report revealed that the former Prince Andrew had sublet three cottages on the estate while paying a symbolic "peppercorn rent" for the Royal Lodge, a sprawling 30-room mansion where he lived for over 20 years.
The disgraced prince was officially evicted from the lodge in February 2026, and the cottages have been vacant since April, but the report's auditors were unable to determine how much money Mountbatten-Windsor pocketed from subletting the properties.
According to information obtained by UMVA, Mountbatten-Windsor was charged a one-million-pound rent for a 75-year lease on the Royal Lodge and its eight cottages in 2003, but the lease permitted him to sublet three of the cottages.
The report also revealed that Mountbatten-Windsor had agreed to spend 7.5 million pounds to renovate the lodge, which reduced his upfront payment, and that he "could be entitled to a compensation payment" of just over 300,000 pounds if he is forced to vacate the property.
Sources have confirmed to UMVA that the disgraced prince is expected to walk away with nothing, as the property currently needs repairs, and the costs of dilapidation will likely wipe out any potential compensation.
The report also disclosed that Mountbatten-Windsor's two daughters, Princess Eugenie and Princess Beatrice, had their rents paid by the "privy purse," which is the King's personal funds, sparking concerns about the use of public funds to support the royal family members.
In a striking contrast, Prince William and Princess Kate pay more than 300,000 pounds a year in rent for their home, Forest Lodge, in Berkshire, near Windsor, highlighting the vastly different financial arrangements within the royal family.
Buckingham Palace has stated that the report is "in line with the Royal Household's commitment to transparency," but the revelations are likely to raise further questions about the financial dealings of the royal family.
