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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.
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