Another royal's excessively low rent revealed

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00:00Another royal has a good living situation, King Charles III's cousin.

00:09According to reports, Princess Alexandra pays nearly $3 million a year to the Crown Estate in rent in London.

00:16Alexandra moved into Thatched House Lodge in 1963 and she continues to reside on the property.

00:22According to Daily Express, Princess Alexandra has a two-part lease,

00:26with her initial agreement being signed in 1971 and another in 1995.

00:32In 1971, Alexandra reportedly paid $4,002 for a 70-year lease and then she paid $546

00:40and 94 cents in annual rent for 35 years until 2006.

00:46For her second rental agreement, the Times reported that Alexandra paid $893,780 for her 150-year lease.

00:56Prince William and Kate Middleton also have a lease for their forever home, which was recently revealed.

01:02Their Royal Highnesses the Prince and Princess of Wales hold a 20-year non-assignable lease

01:07with the Crown Estate for Forest Lodge, commencing 5th July, 2025.

01:12Public Accounts Committee of the House of Commons briefing about the couple's move to Forest Lodge states

01:18Previously, a grace-in-favor residence, it was returned to the Crown Estate by Her Majesty Queen Elizabeth II in the early 1990s

01:27and has since been let on the open market, the briefing continued.

01:30The Crown Estate made arrangements to negotiate the terms of Prince William and Kate Middleton's lease.

01:36Following an approach from His Royal Highness the Prince of Wales and discussions with the Royal Household,

01:41the Commissioners were asked to consider entering into a lease of the property

01:44to their Royal Highness the Prince and Princess of Wales for use as their primary private residence,

01:49the brief states.

01:50The Crown Estate made arrangements to consider entering and is a return to the Royal Highness.

02:00The Royal Highness is a casual key for the Royal Highness and the Royal Highness.

02:03The Royal Highness in the Royal Highness is an area of the Royal Highness and the Royal Highness and the Royal Highness.