Keir Starmer has supported calls for an investigation into Prince Andrew’s residence at a 30-room mansion in Windsor, where he pays a nominal rent.
The Prime Minister emphasized the need for proper scrutiny amid growing concerns over the arrangement allowing Prince Andrew to live at the Royal Lodge in Windsor Great Park. The Prince, who acquired a 75-year lease for £1 million, has since paid a symbolic rent.
Recent attention on Prince Andrew’s ties to Jeffrey Epstein has prompted demands for a parliamentary inquiry, with questions raised about taxpayer interests being safeguarded in such arrangements.
During a session of PMQs, Liberal Democrats leader Sir Ed Davey called for a thorough examination of the Crown Estate to ensure accountability. In response, Keir Starmer highlighted the importance of scrutinizing all Crown properties and expressed support for such measures.
Documentation of the lease agreement reveals that Prince Andrew signed the lease in 2003, paid £1 million upfront, and has been paying a nominal rent annually. Additionally, he was obliged to contribute £7.5 million for refurbishments completed in 2005.
Critics have raised concerns about potential financial implications for taxpayers, as profits from the Crown Estate typically go to the Treasury. Baroness Hodge has urged for a comprehensive audit of royal accounts to determine any potential misallocation of taxpayer funds.
Downing Street has echoed calls for Prince Andrew to cooperate with law enforcement regarding any information he may have concerning Epstein. Stressing the importance of sharing relevant information with authorities, a No 10 spokesperson emphasized the need for cooperation in criminal investigations.