King Charles will continue to support Prince Andrew in spite of claims he will be “evicted” from his Windsor home, according to royal sources, who say the Duke will not be left “homeless or penniless”.
Andrew currently resides at the £30million Royal Lodge on the Windsor Castle estate, however, he has reportedly said that by September he will no longer be able to afford the upkeep.
Andrew receives a £249,000 annual grant towards his living costs, however from April the King is planning to slash this as part of his plans for a slimmed-down monarchy.
Charles has told non-working royals to “tighten their belts” as he reviews how the £652million Duchy of Lancaster fund, also known as the Privy Purse, is spent.
The Duke’s only other annual income is a small Navy pension, with one friend saying: “It feels as though his brother wishes to evict him.”
Since stepping down as a working royal Andrew has no longer been given public money and was supported by the late Queen with money from the Privy Purse.
However royal sources have now said that Andrew will still be supported by his brother, as one told the Daily Mail that claims of “eviction” are based on “fears, not full facts”.
One insider told the Daily Telegraph: “The King is not going to leave his brother homeless or penniless.”
Charles will not leave his brother without a home; however, he is thought to want Andrew to pay for more using his own money.
The Duke will instead have a reduced income, a guaranteed home and private security costing around £3million a year after his Scotland Yard protection officers were axed by the Home Office.
Andrew also received a large inheritance from the Queen and Prince Philip.