Countessmeout
Imperial Majesty
- Joined
- Sep 19, 2011
- Messages
- 13,069
- City
- alberta
- Country
- Canada
Wood farm would be a good idea, but yes it seems it wont be free until the queen dies. I guess they could put off having a country home until then if London is their main base. But likely will want something sooner.
Bagshot is on the grounds of Windsor park which is indeed secured (the whole Andrew trying to crash through the gates). Yes, there would be added security for the house itself, but much less cost then if they were to have a house out in the middle of no where and have to put in all new security and man it.
They also cut costs by renting out the stable blocks. They pay something like 10,000 pounds in rent.
Its a lease. There is meant to be a substantial annual payment made every year for 75 years. Not one lump sum. What they did was, they credited him for the money that he or his mother put into the repairs. It covered the first 25 years worth of lease payments. If he breaks the lease during those 25 years, he gets compensated for a percentage of the money he invested. If he or his daughters remain after 25 years, then they will have to make the yearly payments. This is the arrangement Edward and Sophie have, they pay a lease amount every year, reducing theirs by renting out outer properties.
Why does leasing from the Crown Estate impact security costs? It does not. Security still has to be provided separately. It is not like the property is within the precincts of the Windsor estate, and is already protected.
Bagshot is on the grounds of Windsor park which is indeed secured (the whole Andrew trying to crash through the gates). Yes, there would be added security for the house itself, but much less cost then if they were to have a house out in the middle of no where and have to put in all new security and man it.
They also cut costs by renting out the stable blocks. They pay something like 10,000 pounds in rent.
That is only a part of the story. A substantial sum was paid for the lease (by either Andrew, or the Queen, or Trusts associated with either of them) to the Crown Estate, when Andrew took it over. It was not as much as would have been due if the the landlord, ie the Crown Estate, was responsible for the repairs, but just the cost of the repairs that Andrew was due to bear was not enough to cover the lease rental for 75 years.
Its a lease. There is meant to be a substantial annual payment made every year for 75 years. Not one lump sum. What they did was, they credited him for the money that he or his mother put into the repairs. It covered the first 25 years worth of lease payments. If he breaks the lease during those 25 years, he gets compensated for a percentage of the money he invested. If he or his daughters remain after 25 years, then they will have to make the yearly payments. This is the arrangement Edward and Sophie have, they pay a lease amount every year, reducing theirs by renting out outer properties.
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