The monthly cost of living in the royal palaces was revealed

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    Specialist said that Windsor Castle will require a deposit of 124 million pounds


    Purchase Buckingham Palace a deposit of £ 249 million will be required – and another £ 3 million a month for full monthly mortgage payments.

    This is according to a leading mortgage specialist after information emerged this week that the Queen would no longer live there for most of her time.

    Of course, the palace is not up for sale, but recent discoveries that the Queen will never live in Buckingham Palace again after making Windsor Castle her permanent home have made people think about her property portfolio.

    Windsor Castle will require a deposit of 124 million pounds, with 504,000 pounds payable each month or 1.5 million pounds a month as full repayment of the mortgage, according to a study conducted by mortgage specialist Henry Danel.

    Specialist said that Windsor Castle will require a deposit of 124 million pounds

    According to the results, full repayment of the mortgage on Sandringham Castle would cost £ 182,000 a month in the current market conditions, while Balmaral Castle and Hillsboro in Northern Ireland would be the most affordable royal residences at £ 151,000 and £ 73,000. for each month respectively.

    Last week, the Sunday Times reported that the 95-year-old monarch, who has lived at Buckingham Palace for most of his 70-year reign, has preferred to live in Windsor Castle, where she has spent most of the last two years since leaving London. isolate himself from Prince Philip at the beginning of the pandemic.

    Previously, Windsor was only the Queen’s holiday home and her residence for Easter and Royal Ascot Week in June.

    General view of the front of the Anmer Hall in the Sandringham estate
    General view of the front of the Anmer Hall in the Sandringham estate

    That is Prince Charles and Camilla, Duchess of Cornwall, are to become the next members of the royal family to settle in Buckingham Palace as king and queen.

    As you know, 73-year-old Charles prefers his London home, Clarence House, but acknowledged that the palace should remain “the headquarters of the monarchy” as soon as he ascends the throne.

    Buckingham Palace, which has been the official residence of British sovereigns in London since 1837, is in the middle of a 10-year reservation program worth £ 369 million.

    Buckingham Palace will require a deposit of £ 249 million and another £ 3 million a month for full monthly mortgage payments
    Buckingham Palace will require a deposit of £ 249 million and another £ 3 million a month for full monthly mortgage payments

    Initially, the queen planned only to temporarily leave her private apartments and move to another part of the palace until her premises were renovated.

    But now she will return to London only for casual engagements, and she has reportedly not spent the night at the palace since March 2020.

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