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New riddle about Fergie’s £4.3m home: Experts suggest the Duchess of York, who once said she was ‘continually on the verge of bankruptcy’, had her daughters buy her Belgravia flat for her
- The mystery of how Fergie got hold of the property has deepened with a new revelation
- The Duchess of York, 63, cannot sell the house without the consent of her daughters
- The Land Registry documents show that you bought the property without a mortgage
Considering Sarah, The Duchess of York’s well-documented financial mishaps, it was a surprise that she was able to spend on a £4 million London house.
Now, the mystery of how he got the Belgravia property has deepened after it emerged that he cannot sell it without the written consent signed by his daughters, Princesses Beatrice and Eugenie.
Official Land Registry documents obtained by The Mail on Sunday reveal that the unusual “restriction” was placed on the pretty terrace of the stables when Fergie, 63, bought it in June last year.
The deeds also reveal that he paid £4.25 million without the need for a mortgage.
Last night, one of the main legal sources told the State Ministry that the restriction placed on the property suggests that his daughters may have hoarded the funds.
The mystery over how Sarah, Duchess of York, 63, got her Belgravia home has deepened after it emerged she cannot sell it without the written consent signed by her daughters, Princesses Eugenie and Beatrice (pictured)
The Duchess of York paid for the £4.25m Belgravia home with no mortgage required
“That could be one explanation,” they said, adding: “But it could also mean that whoever bought the property wants to make sure their daughters ultimately benefit from it.”
“Usually a restriction like this is needed to prevent scammers from taking advantage of vulnerable elderly relatives and selling their home when they’re in a nursing home, but I don’t think that would apply in this case.”
Last night, a source close to the Duchess refused to discuss whether she had paid for the mews’ house herself, stating it was a “private matter”.
However, they alluded to Fergie’s recent publishing success, adding: “She’s bought it a lot as savings for the girls, so I’m not at all surprised she’s put in that kind of provision.”
His multi-million dollar purchase came despite his repeated complaints of financial hardship over the years.
The Duchess described herself as “continually on the verge of financial bankruptcy” in a 2011 television interview, after losing more than £3.2m in the collapse of Hartmoor, her US “lifestyle” company. and wellness”.
She also admitted to having “little knowledge” about money and there were reports that she had run up debts of up to £4.2 million during her marriage to Prince Andrew.
Most of his income comes from his books. Her first bra ripper slipped down the best-seller charts in 2021.
By coincidence, her posh terrace apartment is a short walk from the former home of Ghislaine Maxwell, where Prince Andrew was photographed with his arm around the waist of Virginia Roberts, then 17, who claims she was trafficked to London to have sex with him. in 2001.
A spokesman for Andrew previously said he was not involved in the purchase of the property from Fergie.
She bought it a few months after he reached a multimillion-dollar settlement with Mrs. Roberts, now married to the name of Giuffre, over allegations of sexual assault.
He did not accept any responsibility and strongly denies the claims.