King Charles has granted Prince Andrew a 'stay of execution' at the Royal Lodge

Prince Andrew has reportedly been granted a "stay of execution" at the Royal Lodge after a stand-off with King Charles.

A royal insider told the Mirror the disgraced Duke of York has been allowed to stay indefinitely at the lodging on Windsor estate.

Following Queen Elizabeth's death in 2022, it was reported Buckingham Palace and the monarch were keen for the Duke of York to move into Frogmore Cottage on the estate.

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Andrew was reportedly "refusing to budge" after requests he vacate the Royal Lodge for the Prince and Princess of Wales and their children.

The source told the Mirror a deal has now been struck to allow the Duke of York time to source money to cover the estimated £2 million ($3.8 million) in repairs on the 30-room mansion.

The decision was reportedly made after a private meeting at Balmoral between Prince Andrew and his brother King Charles back in August this year.

Additionally, the insider revealed Andrew has so far spent a staggering £200,000 ($380,000) for roof repairs over the summer as an "interim payment" on the lodging.

Prince Andrew has been living at the Royal Lodge since 2003 when it was granted to him by his late mother, Queen Elizabeth II.

A source told OK! magazine in June that the late monarch had left her son an inheritance that was being used to pay for the repairs on the lodging.

"There was money left to the family by the Queen," the source said.

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"Details of the exact amounts and to whom will never be revealed because the papers have been sealed."

The source then claimed that the Prince has "been quite open about where the money has come from" for the repair work on the residence.

In May, the Daily Mail reported King Charles could face a bill of nearly $700,000 a year if he forced Prince Andrew to move into Frogmore Cottage.

The property was previously resided by Prince Harry and Meghan Markle and has since been vacated by the Duke and Duchess of Sussex.

The Daily Mailthe Crown Estate would have to reimburse the Duke of York if they decided to terminate his 75-year lease early.

In 2022, Prince Andrew was stripped of his military titles and royal patronages following US civil action over sexual assault allegations against the Duke of York.