In a surprising development, Prince Harry reportedly sent a letter to his father, Charles, requesting to remortgage Buckingham Palace to help pay off the Sussexes' alleged £100 million debt prior to their divorce.
As rumors circulate about the state of their marriage, Prince Harry and Meghan Markle are said to be maintaining a professional facade, despite troubles behind the scenes.
Last week, the couple made a rare joint appearance, hand in hand, during their time in the United States. However, the authenticity of their public display of affection is questioned by royal author Lady Colin Campbell, who believes it was merely a show for the cameras. The photos were taken by celebrity photographer Carl Larson, who insisted that the couple appeared genuinely in love and happy together.
Lady C, known for her in-depth books about the royal family, remains skeptical about the picture-perfect image portrayed by Harry and Meghan. Speaking to GB News, she remarked that anything Larson says should be taken with caution. Lady C suggests that the Sussexes' marriage has been in trouble for some time, even before financial issues entered the picture.
She added that their professional couple persona presented to the public is nothing more than a facade, and only fools would believe it. According to Lady C's sources, bankruptcy may precede their divorce as the couple is reportedly struggling financially. While their financial situation may not compare to that of an average person, they seem unable to sustain their extravagant celebrity lifestyles, resulting in mounting bills.
Rumors suggest that one of the most ill-advised moves made by Harry was writing a letter to Charles, urging him to remortgage Buckingham Palace to help settle a debt he allegedly shared with Meghan. Before their divorce, Meghan reportedly sought £100 million and a watertight non-disclosure agreement that would prevent Harry and the royal family from making any disparaging remarks about her for the rest of her life.
However, Charles refused to provide any financial assistance in the divorce proceedings. Although Meghan may attempt to leverage Harry's allowance from his father, it is unlikely to succeed. Despite not being a financial resource, King Charles values the dignity of the royal family and is unlikely to invest in a lost cause.
Buckingham Palace, the official residence of King Charles, is a grand royal property for which he does not pay rent or a mortgage. Experts conducted a study to estimate the potential cost of a mortgage on Buckingham Palace, taking into account soaring interest rates.
According to research by investment platforms Saxo, if King Charles were to mortgage Buckingham Palace, he would have to pay nearly £7 million more each month due to interest rates reaching five percent.
The study explored the monthly mortgage repayments the Royal Family would face across various UK properties if they were to confront rising interest rates, similar to the challenges faced by the 15 million homeowners nationwide.
It revealed that Buckingham Palace would have the highest monthly mortgage repayment of around £13 million in 2023. With its 775 rooms, including royal and guest bedrooms, staff quarters, offices, bathrooms, and staterooms, Buckingham Palace stands as an incredibly grand and prestigious landmark.
The financial intricacies surrounding the Sussexes continue to captivate public attention, leaving many to ponder the future implications for the couple and the royal family as a whole.
