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  #321  
Old 10-06-2008, 02:31 PM
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Prince and Princess Michael pay a so-called "peppercorn rent" for their Kensigton apartment. Now they will be forced to pay a commercial rate for the above apartment.
Quote:
... When it was claimed that the couple pay a rent of only £69 per week (although other sources state the figure as £76) for the use of their apartments at Kensington Palace, a committee of MPs demanded they be evicted. The British Monarchy Media Centre, however, refutes these controversial reports and states that, "The Queen is paying the rent for Prince and Princess Michael of Kent's apartment at a commercial rate of £120,000 annually from her own private funds. This rent payment by The Queen is in recognition of the Royal engagements and work for various charities which Prince and Princess Michael of Kent have undertaken at their own expense, and without any public funding." ...
Reference: NationMaster - Encyclopedia: Prince Michael of Kent
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  #322  
Old 10-06-2008, 05:20 PM
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I am so glad that they are going to be able to keep their home. A few years ago the Princess said in an interview that she and her husband had offered to pay a commercial rent rather than lose the house but that the Palace had said no to this and they would have to leave come what may in 2009. I am glad the Palace has changed it's mind and allowed them to stay under these conditions.
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  #323  
Old 10-06-2008, 07:31 PM
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Holy Schnikes! That's a pretty penny! 10K Pounds!
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  #324  
Old 10-06-2008, 07:58 PM
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A lot of money, BUT when you consider the posh location of Kensington Palace and all: nice apartment, private garden, central location, 24-hour police guards on duty, etc. The equivalent in London would cost much more.
It's a pity that they gave up their beautiful country home because they could not afford both the Kensington Palace digs and the country home.
I have a sneaking suspicion that the Queen says that they will be paying the rent, but that she herself out of family duty will pony up most of the the money every month.
Prince Michael and his wife have pretty much behaved themselves (at least recently) and have stayed together - they do support the Queen - he is a marvelous representative overseas, fluent in several languages, Prince Michael is a real asset to the Royal Family.
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  #325  
Old 10-06-2008, 08:00 PM
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Yes, it has all the amenities and security, but Marie-Christine has made it a point to say they haven't a lot of money.
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  #326  
Old 10-07-2008, 04:20 PM
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Here's a nice old pic of the couple in 1983. They
attended the Badminton Horse Trials.

----> Prince and Princess Michael in 1983
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  #327  
Old 10-11-2008, 12:38 PM
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Quote:
Originally Posted by Russophile View Post
Holy Schnikes! That's a pretty penny! 10K Pounds!
And the Queen should really point out that when most of her subjects are struggling to make ends meet it isn't wise for the minor Royals to be shouting about how hard they have it.
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  #328  
Old 10-11-2008, 04:06 PM
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I think it is very unfair that the Kents have been criticised so heavily for their virtually free use of KP over the years. To put it in perspective, they were given this apartment at a time when the Queen considered such a thing to be within her personal gift with no thought to the taxpayer. She cannot be so blase with regard to publicly owned buildings now but at the time no one thought there was anything odd about the Kents living there. As times moved on attitudes changed but it is not right to call them spongers anymore than it would be to criticise the Queen for exercising what she thought at the time was her right ie to provide a home for them in a State owned Palace. Although, it's interseting that no section of the media has dared to attck the Monarch for her role in this even though it is a central one. Instead the Kents are getting it in the neck as though they had simply took over their apartment with no permission from anyone. I think the Queen herself, to her credit, feels a bit annoyed about this too and that's why she is allowing them to remain there if possible.
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  #329  
Old 10-11-2008, 04:40 PM
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I remember a story that the Kents were rather annoyed when they were asked to exchange their apartment for a smaller one, I really can´t remember who it was for but I think it was for either Prince Charles,or perhaps Prince William and Prince Harry after their mother´s death, anyone remember this? Whether they moved or not at that time I can´t remember.
They are very minor royals so they can´t expect the Queen to pay for them to live in luxury forever. That is a lot of rent to pay though, I wonder if they can afford it.
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  #330  
Old 10-11-2008, 10:26 PM
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Quote:
Originally Posted by Menarue View Post
They are very minor royals so they can´t expect the Queen to pay for them to live in luxury forever. That is a lot of rent to pay though, I wonder if they can afford it.

QEII will also be providing Prince Michael a pension. It would be interesting to know the amount of this annual salary. If it just happens to be the same amount as the annual rent to remain at Kensington Palace it sure seems like an ingenious solution to making good on her promise to allow the Kents to live rent free for life.

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  #331  
Old 10-13-2008, 07:59 PM
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Originally Posted by BeatrixFan View Post
And the Queen should really point out that when most of her subjects are struggling to make ends meet it isn't wise for the minor Royals to be shouting about how hard they have it.
I totally agree, that's just a LOT of money!!
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  #332  
Old 10-13-2008, 08:10 PM
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Quote:
The timing couldn't have been more immaculate. Amid all the financial turmoil, an unsolicited reminder from the Queen's aides that Prince Michael and his Teutonic wife, Marie Christine, will soon have to pay the full market rent to continue living in Kensington Palace.
How will Princess Pushy pay the £120,000-a-year rent on Kensington Palace apartment? | Mail Online
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To wander on in a huge forest without thought of return. To stand upon the shore and gaze after a boat that disappears behind distant islands. To contemplate the flight of wild geese seen and lost among the clouds.
And, subtle shadows of bamboo on bamboo." Zeami Motokiyo
  #333  
Old 10-14-2008, 10:52 AM
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Pics from IBL
Prince Michael of Kent Prince Michael of Kent Launches the Royal Nay Endurance Drive for Charity, Kensington Palace, London, Britain - 14 Oct 2008.
IBL
IBL
IBL
IBL
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  #334  
Old 10-14-2008, 11:01 AM
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This is a very interesting story. I had always "assumed" that Prince Michael was wealthy from his beautiful wifes clothes and jewels. Living on some kind of family inheritance with a bonus from all the engagements they do. HMMM, I guess you just never know!!
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  #335  
Old 10-17-2008, 11:15 AM
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http://img369.imageshack.us/img369/4...ndparisir7.jpg
Miss Paris Hilton talks to Prince Michael.
Prince Michael looked regal in the Chairman Mao-style jacket.

Reference:
Paris finally finds her Prince after being snubbed by Wills and Harry... but alas, he's no spring chicken | Mail Online
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"To watch the sun sink behind a flower clad hill.
To wander on in a huge forest without thought of return. To stand upon the shore and gaze after a boat that disappears behind distant islands. To contemplate the flight of wild geese seen and lost among the clouds.
And, subtle shadows of bamboo on bamboo." Zeami Motokiyo
  #336  
Old 10-17-2008, 01:33 PM
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My goodness she tries too hard! That's one thing I don't like about our American heiresses, they are always trying too hard to get approval and attention of royalty. Sheesh!
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  #337  
Old 10-18-2008, 08:33 PM
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They will soon be forced to foot the £120,000-a-year bill to live in their Kensington Palace home.But Prince and Princess Michael of Kent managed to put their money worries behind them during a trip to Rome.
Pictured: Prince Michael strolling hand in hand with... his wife | Mail Online
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"To watch the sun sink behind a flower clad hill.
To wander on in a huge forest without thought of return. To stand upon the shore and gaze after a boat that disappears behind distant islands. To contemplate the flight of wild geese seen and lost among the clouds.
And, subtle shadows of bamboo on bamboo." Zeami Motokiyo
  #338  
Old 10-19-2008, 03:23 AM
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Thanks a lot for sharing that article link, Al_bina.

I like those two pics very much, well-dressed tourists are
rare to see . No, but it's nice to see them so close and
so normal like any other tourist
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  #339  
Old 10-19-2008, 03:51 AM
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Quote:
Originally Posted by Russophile View Post
My goodness she tries too hard! That's one thing I don't like about our American heiresses, they are always trying too hard to get approval and attention of royalty. Sheesh!
It is understandable in a way, they have money to burn can buy anything they want but what they can´t buy is royal status.......unless they manage to nab one and marry into royalty.
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  #340  
Old 10-19-2008, 04:17 PM
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It is nice to see the Prince and Princess looking so happy and relaxed on their holiday. I am sure that the resolution of their tenure at Kensington Palace has taken a great weight off their minds.
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