King Charles III provided a private loan of £1.5 million ($2.8 million) to his brother, Andrew Mountbatten-Windsor, to cover repair costs at Andrew’s former residence, the Royal Lodge on the Windsor estate. The loan came after Andrew, 66, was removed from the Royal Lodge last year amid controversy over his association with the late financier Jeffrey Epstein.
Following the decision to strip Andrew of his royal titles, he relocated to a smaller property on the monarch’s Sandringham Estate in eastern England. Despite the public distancing, the King has continued to offer financial support to his brother.
The Crown Estate, which manages royal properties independently and funnels profits to the government, confirmed that Andrew paid £1.8 million for repairs necessary after vacating the Royal Lodge. After receiving compensation of £302,000 for surrendering his lease, the outstanding amount was reduced to £1.5 million, which the Crown Estate acknowledged receiving.
According to a source familiar with the matter who requested anonymity, the King provided the funds from his private income as a loan to ensure that the Crown Estate received payment promptly. King Charles’s personal income derives from private estates, art collections, investments, and savings, separate from government funding allocated strictly for official royal duties.
Questions remain about how Andrew will repay the loan, given reports of his limited independent income. Andrew has consistently denied any wrongdoing linked to his connections with Epstein.
In recent legal developments, Andrew won a challenge regarding police search warrants related to the Epstein investigation. Authorities conceded that the warrants obtained were “unlawful,” a decision viewed as a rare legal victory for the former prince.
