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Harry and Meghan made it clear in their announcement that they would be separating their time between the UK and North America, and continue using Frogmore Cottage in Windsor so the family-of-three would always have a home in Britain. The couple moved into the cottage on the Frogmore Estate in the spring of 2019, a few weeks before the birth of baby Archie. The couple promised to repay the £2.4million it cost to renovate the cottage, but when will they pay back the money?

When will Harry and Meghan pay back the cost to renovate Frogmore Cottage?

Prince Harry and Meghan Markle will have to pay out £18,000 a month to repay the £2.4million they spent renovating Frogmore Cottage.

It will take more than 11 years for the Duke and Duchess of Sussex to repay the outstanding balance.

The Mail on Sunday revealed the couple have arranged to pay rent on the property, which started last month. The couple is paying just under £18,000 a month to keep Frogmore as their official base in the UK.

Palace officials said the couple would have to pay the taxpayer-funded sum and “meet the running costs going forward”, which now appears to have been changed into a rent arrangement.

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When the couple outlined their plans for post-working life, they included the following passage in the funding section: “Frogmore Cottage will continue to be the property of Her Majesty the Queen.

“The Duke and Duchess of Sussex will continue to use Frogmore Cottage – with the permission of Her Majesty the Queen – as their official residence as they continue to support the monarchy.”

Meghan is understood to have chosen eco-friendly, toxin-free vegan paint for the walls of the property.

Five separate apartments were joined together to form the cottage, while beams, floors and the water and central heating systems were replaced.

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However, in the last six months, the Duke and Duchess have spent just two weeks in their family home.

They are unlikely to be back any time soon, with the ongoing coronavirus pandemic and the news they have found a new 12-bedroom Hollywood home in Los Angeles.

The Queen has made it clear to the duo the cottage is at their disposal indefinitely.

This year, Buckingham Palace announced Harry and Meghan “will no longer receive public funds for royal duties” as they embark on a pursuit of financial freedom.

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Graham Smith from anti-monarchy group Republic said the couple are still rich enough to pay the money back, “plus interest” in one lump sum.

Mr Smith said: “Taxpayers need their money back, particularly now we’ve been hit by the huge costs of the coronavirus.

“The couple, with their vast amount of millions in the bank, should explain why they aren’t paying it back immediately.”

Harry and Meghan have their own private fortunes through acting pursuits and private inheritance.

The Prince, along with his brother William, shared the vast majority of the £13million left behind by their mother Diana, Princess of wales.

Harry is also believed to have been left a bulk sum of inheritance by the Queen Mother.

Despite all this, the Sussex’s income is believed to come from Prince Charles’ Duchy of Cornwall property and investment portfolio, which brought in £21.6million last year.

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