In a surprising twist, Prince Andrew has managed to secure enough funds to continue his stay at the Royal Lodge in Windsor.
This comes on the heels of King Charles making significant cuts to his brother's financial support, as reported by The Sunday Times.
The Duke of York, now 64, recently found himself in a precarious situation after his older brother, King Charles, instructed the Keeper of the Privy Purse to withdraw Andrew's annual allowance of £1 million (approximately $1.3 million).
Additionally, Charles put an end to funding his brother's personal security.
This decision followed reports that Andrew was given an ultimatum to move out of the lavish estate where he has resided since 2003.
According to sources, Prince Andrew has successfully raised the necessary funds for his continued residence at the Royal Lodge, which he shares with his ex-wife, Sarah Ferguson.
Approval for these funds came from Sir Michael Stevens, the Keeper of the Privy Purse, confirming that the money was sourced legitimately.
When PEOPLE reached out for comments, Buckingham Palace remained tight-lipped, adhering to its policy of not discussing ongoing family matters publicly.
This financial drama unfolded shortly after King Charles severed some monetary ties with Prince Andrew, as detailed in a book excerpt published by The Daily Mail.
In the latest update of his book, *Charles III: New King.
New Court.
The Inside Story*, author Robert Hardman revealed that Andrew rejected an offer to downsize from Royal Lodge to the much smaller Frogmore Cottage, which previously housed Prince Harry and Meghan Markle before their relocation to the U.S.
Living in the Royal Lodge since 2003, Andrew has invested over $9 million into renovations and repairs, alongside an initial payment of around $1 million and an annual rent amounting to about $337,000.
Given this extensive investment, it's no wonder he preferred to remain at the grand estate rather than move to a more modest home.
The fallout from his refusal to relocate was significant.
The cut to his allowance and the withdrawal of personal security were direct consequences of his decision.
Previously, King Charles had been covering Andrew's security costs after the Duke lost his police protection in 2022.
Since stepping back from public duties after a controversial 2019 interview, Prince Andrew has faced substantial challenges.
Following allegations from Virginia Giuffre, which resulted in a settled lawsuit, the late Queen Elizabeth stripped him of military titles and royal patronages.
Andrew has consistently denied any wrongdoing throughout these tumultuous events.
As noted in Hardman's book excerpt, the King had made it clear that if Andrew chose to stay at the Royal Lodge and declined the Frogmore Cottage option, there would be no obligation for the King to continue providing even basic living expenses.
Andrew reportedly informed the monarch that he intended to remain at the Royal Lodge, regardless of the ultimatum.
With a lease agreement that extends until 2078, Prince Andrew has secured his future at the Royal Lodge for some time.
However, the financial support from King Charles, which was estimated to cost nearly $4 million annually for security