Andrew submitted the minimum required 12 months’ notice to vacate the property on October 30

Andrew Mountbatten-Windsor appears set to walk away from Royal Lodge without receiving any financial settlement, according to information presented to Parliament’s Public Accounts Committee.

The Crown Estate has informed MPs that necessary repairs to the 30-room property will almost certainly cancel out any money owed to the former tenant.

Without the need for end-of-tenancy work, Andrew would have been due £488,342.21 upon vacating the residence on October 30 2026.

However, the estate body’s preliminary view suggests the cost of addressing dilapidations will effectively eliminate this potential payout when he surrenders the lease early.

Andrew Mountbatten-Windsor appears set to walk away from Royal Lodge without receiving any financial settlement, according to information presented to Parliament’s Public Accounts Committee.| GETTY

In its briefing to parliamentarians, the Crown Estate stated: “Our initial assessment is that while the extent of end of tenancy dilapidations and repairs required are not out of keeping with a tenancy of this duration, they will mean in all likelihood that Andrew Mountbatten-Windsor will not be owed any compensation for early surrender of the lease once dilapidations are taken into account.”

The estate body cautioned that “before this position can be fully validated however, a full and thorough assessment must be undertaken post-occupation by an expert in dilapidation”.

Andrew submitted the minimum required 12 months’ notice to vacate the property on October 30.

It comes following the confirmation that King Charles had ordered the removal of two prestigious honours previously bestowed on his brother.

Andrew submitted the minimum required 12 months’ notice to vacate the property on October 30.| GETTY

The monarch ordered the cancellation and annulment of Andrew Albert Christian Edward Mountbatten-Windsor’s appointment as a Knight Companion of the Most Noble Order of the Garter, which was conferred on 23 April 2006.

His name will be removed from the order’s official register.

In a parallel move, the King has also cancelled Andrew’s appointment as a Knight Grand Cross of the Royal Victorian Order, granted on 19 February 2011. This name too will be struck from that order’s register.

These actions follow the removal of Andrew’s remaining titles last month, which left him as a commoner stripped of royal status.

These actions follow the removal of Andrew’s remaining titles last month, which left him as a commoner stripped of royal status. | GETTY

The late Queen had previously stripped Andrew of his military affiliations and charitable patronages in January 2022, shortly before he reached a financial settlement with Virginia Giuffre, who had accused him of sexual abuse.

Andrew has always maintained his innocence and the 2022 agreement contained no admission of guilt.

The Queen’s decision came after more than 150 veterans from the Royal Navy, RAF and Army petitioned the monarch to remove all his military ranks and titles.

Among the roles Andrew forfeited was the coveted position of Colonel of the Grenadier Guards, which was later bestowed upon Queen Camilla.