Royals in ‘sweetheart’ property deals

A Sunday Times investigations has found that members of the royal family have been granted ‘sweetheart’ property deals worth millions. The Crown Estate, which manages £7.3 billion of land and property owned by the crown, allowed several properties to be sold cheaply to Prince Andrew, who subsequently sold them on at substantial profit, while securing rent-free residences for his two daughters. Crown Estate says it took legal advice for the valuations, but ‘special circumstances’ meant such properties cannot always get the highest market valuation.