The price of Prince Edward's rent on a 120-room royal mansion is raising eyebrows - and not for the reason many of Us may assume. Like his brother, the former Prince Andrew, Edward, 61, is only paying a "peppercorn" rent, according to a report from The Sunday Times published on Friday, November 28. In other words, the royal forks up a nominal fee to continue to live in the Surrey home. Edward and his wife, Sophie, have leased their 51-acre estate from the Crown for the last 25 years. They signed a lease extension in 2007 that required them to pay £5 million ($6.