As the “Daily Mail” now writes, Harry and Meghan Markle agreed a secret deal with Buckingham Palace. Contents? The cost of her (ex) Frogmore Cottage!
Accordingly, the Royals, who are no longer active, paid almost three million francs in renovation costs for their home. Out of pocket, as far as is known.
The advantage for Meghan and Harry? They thus completely fulfilled their financial obligations on the property.
Palace officials confirmed to the newspaper yesterday that the lump sum payment wiped out rental obligations. After the work, the increased value of the luxury property was regarded as a “substitute rent”.
It is estimated that the rent is between 170,000 and 260,000 francs a year. Here’s how Prince Harry and Meghan Markle saved almost £780,000.
Well, that doesn’t go down well with all English people. Not so with ex-cabinet minister Norman Baker. “It’s outrageous that Harry and Meghan can live in a huge house in these conditions. While normal people struggle to put food on the table.”
In late 2019, Buckingham Palace announced that Harry and Meghan Markle were using Frogmore Cottage as their official residence.