Princesses Eugenie and Beatrice have been denied a £30million inheritance following King Charles's decisive action against their father, the Duke of York, according to reports.
Following official notice being issued to Prince Andrew to relinquish his tenancy of the Royal Lodge, a property specialist has stated that his daughters, Princess Eugenie and Princess Beatrice, can no longer expect to inherit the £30 million estate.
The Duke had maintained a 75-year lease on the 30-room Royal Lodge since 2003, having secured a long-term arrangement with the Crown Estate. The 65-year-old was understood to possess substantial tenancy rights, with many believing he nursed ambitions of eventually passing the property to his daughters.
However, amid fresh controversy over his connections to Jeffrey Epstein in October, the monarch began formal proceedings to remove Andrew's remaining Royal privileges and issued notice for him to vacate the Royal Lodge, where he resided alongside former wife Sarah Ferguson.
As the father-of-two prepares to relocate to alternative accommodation, property specialist Elliot Castle, from We Buy Any Home, confirmed that any prospect of inheritance has now been eliminated "entirely", reports the Express.
"[This] would only have been possible while the lease remained in place," he explained. "Once that lease is surrendered or terminated, there is nothing to pass on. From a property standpoint, that closes the door entirely.
"Royal Lodge would revert fully to the Crown Estate, with no residual claim for Andrew or his daughters."
The choice to relocate Andrew from Royal Lodge followed ongoing examination of his previous connections with convicted sex offender Jeffrey Epstein.
Andrew has repeatedly and categorically rejected any misconduct and has formerly shown remorse regarding their association.
Looking ahead, the father-of-two is anticipated to relocate to accommodation on the Sandringham estate in Norfolk before Easter.
Detailing the monetary consequences of the transition, Elliot went on: "The key point here is that Royal Lodge is not just a home - it's a valuable long-term leasehold asset.
"Initiating a formal process to remove Andrew earlier than expected effectively strips away the remaining financial and practical value of that lease.
"Reports suggesting a loss of around £500,000 reflect not just moving costs, but the loss of a heavily invested, long-term residential interest that would otherwise have remained in place for decades."
Andrew's relocation is also anticipated to incur expenses due to reduced housing security arrangements.
"Royal Lodge offered security, status, and a long lease that justified significant personal investment," he continued.
"Losing that arrangement early inevitably results in sunk costs that can't be recovered.
"From a property expert's point of view, it's the difference between owning a long lease on a premium home and occupying accommodation at the discretion of someone else."
Regarding his daughters, Princess Eugenie and her husband Jack Brooksbank, along with their two children, currently reside in Ivy Cottage within the Kensington Palace grounds in London, and they also maintain a home in Portugal.
Princess Beatrice and her husband, Edoardo Mapelli Mozzi, who are also parents to two children, presently live in the Cotswolds.