Prince Harry and Meghan Markle's Montecito home is a "humble cottage" compared to what California's super-rich can afford, a royal biographer has claimed.
Since quitting as working royals over two years ago and carving out a new life in California, the couple and their children Archie and Lilibet live in an £11million nine-bedroom home in Montecito. Reports have suggested they have a mortgage of around £7million and need £50,000 per month over the next 30 years to cover the repayments, property taxes and insurance. However, it has been suggested that the couple have been eyeing up property in the exclusive community of Hope Ranch, where homes can go for as much as £22million.
