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00:00Another royal has a good living situation, King Charles III's cousin.
00:08According to reports, Princess Alexandra pays nearly $3 million a year to the Crown Estate in rent in London.
00:15Alexandra moved into Thatched House Lodge in 1963, and she continues to reside on the property.
00:21According to Daily Express, Princess Alexandra has a two-part lease,
00:25with her initial agreement being signed in 1971 and another in 1995.
00:32In 1971, Alexandra reportedly paid $4,002 for a 70-year lease,
00:38and then she paid $546.94 in annual rent for 35 years until 2006.
00:45For her second rental agreement, the Times reported that Alexandra paid $893,780 for her 150-year lease.
00:55Prince William and Kate Middleton also have a lease for their forever home, which was recently revealed.
01:00Their Royal Highnesses the Prince and Princess of Wales hold a 20-year non-assignable lease
01:05with the Crown Estate for Forest Lodge, commencing 5th July, 2025.
01:11Public Accounts Committee of the House of Commons briefing about the couple's move to Forest Lodge states.
01:17Previously a grace-in-favor residence, it was returned to the Crown Estate by Her Majesty Queen Elizabeth II
01:23in the early 1990s and has since been let on the open market, the briefing continued.
01:29The Crown Estate made arrangements to negotiate the terms of Prince William and Kate Middleton's lease.
01:35Following an approach from His Royal Highness the Prince of Wales and discussions with the Royal Household,
01:40the Commissioners were asked to consider entering into a lease of the property
01:43to Their Royal Highness the Prince and Princess of Wales for use as their primary private residence,
01:48The Brief states.
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