While relations between Prince Harry and his father are not currently in good shape, Meghan Markle’s husband has nevertheless just signed an agreement with King Charles III, which will allow him to make significant savings.
Since making the decision to leave the British Royal Familyand more generally the United Kingdom, to move to California with their children, Prince Harry and Meghan Markle maintain more than tense relations with the Windsor clan. It must be said that the couple never misses an opportunity to openly criticize the behavior of the British royal family towards them, when they still lived in England. For the record, shortly after their marriage, prince harry and Meghan Markle had settled near Frogmore Cottage.
While they initially had to pay a “commercial rate“When they moved into this residence in 2019, the two spouses have just concluded an agreement with King Charles IIIwhich saved them a lot of money, as reported by the DailyMail. Concretely, the Duke and Duchess of Sussex repaid 2.4 million pounds sterling, or 2.72 million euros, which came from British taxpayers’ money. This large sum had been used to renovate Frogmore Cottage, when they moved to California in 2020. As a reminder, the rental value of this property is estimated between 150,000 and 230,000 pounds sterling per yearmeaning the Sussexes have potentially saved £690,000 over the past three years, i.e. nearly 800,000 euros.
Harry and Meghan: Buckingham Palace spokesperson confirms agreement over Frogmore Cottage
“The Duke and Duchess of Sussex have contributed £2.4million sterling to the Sovereign Grant which covered the refurbishment of Frogmore Cottage. They have fulfilled their financial obligations with respect to the property. In line with usual practice for the Sovereign Grant report, the accounting treatment has been reviewed and approved by the National Audit Office and the Treasury. As with any such agreement between landlord and tenant, further details regarding the Sussexes’ rental arrangements are said to be a private matter“, said a spokesperson for Buckingham Palace in the columns of the DailyMail.