Prince Andrew earned income by subletting cottages, report says

Former Prince Andrew Mountbatten-Windsor. FILE PIC/AFP

Former Prince Andrew made money by subletting three cottages on the estate where he lived rent-free for two decades, according to a report on the royal family's properties released on Friday by the National Audit Office.

Andrew Mountbatten-Windsor received income from renting out the cottages on the Royal Lodge estate, while paying only a nominal fee known as a "peppercorn rent" for the property.

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