Another royal's excessively low rent revealed

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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.