Royals Save Millions with Property Deals

Summary


MEMBERS of the Royal Family have saved millions of pounds in rental payments on their palatial homes through a lucrative "housing benefit" scheme, according to financial watchdogs.

A National Audit Office (NAO) report has revealed that Prince Andrew and Prince Edward and a number of senior royal figures have secured leases on their houses at prices well below the market rate.

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Extract


Royals Save Millions with Property Deals

The deals have been struck through the Crown Estate, the body responsible for maximising income from the royal estate, which is charged with passing ...

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