Prince Andrew earned undisclosed private income from three cottages on the Royal Lodge estate while paying only a symbolic annual rent, according to a National Audit Office (NAO) investigation that has prompted the Crown Estate to defend the controversial lease as representing 'best value'.
The findings, published as part of the first NAO review of royal residences in two decades, came under renewed scrutiny during a House of Commons Public Accounts Committee (PAC) hearing on Monday, where Crown Estate chief executive Dan Labbad was questioned over whether the arrangement represented value for money.
