Aug 05, 2022
Did Fergie's romance novel sales help fund her spacious £7 MILLION home? Questions remain over how Duchess of York can afford Mayfair property she 'bought for her daughters as it is revealed she will rent it out'
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The pricey purchase raised questions over how Sarah Ferguson, who has spoken of her debts and bankruptcy fears, could afford to splash out let alone on an investment for her daughters.
Her 2021 romance novel 'Her Heart for a Compass', about about an aristocratic redhead, may have been the key to her success.
Sources close to the 62-year-old say her financial status improved after she launched a writing career that secured various book deals.
While The Telegraph revealed the spacious townhouse was bought from the Duke of Westminster as an investment for her children Beatrice and Eugenie and will be rented out.
The duchess is now converting the property of two flats, which boast a bijou terrace, bar, two reception rooms and a parking garage, into one home.
It has been revealed that the Duchess of York Sarah Ferguson purchased a £7million mayfair townhouse as an investment for her daughters Princess Beatrice (left) and Princess Eugenie (right)
The large open plan kitchen features a black marble island and worktops with a sky light and large windows to ensure maximum light
The property's large living room features a neutral decor and horizontal skylight to open up the space. The walls feature panelled mirrors alongside built-in cupboard space
Sarah Ferguson's Her Heart For A Compass reached the Sunday Times Bestseller list
In 2010 she told US television she was 'continually on the verge of financial bankruptcy' and had 'little understanding' of money.
She also admitted to having 'little understanding' of money and there were reports she had run up as much as £4.2million in debt during her marriage to Andrew.
But now she has written one successful Mills and Boon novel, has another on the way, and has signed a 22-book deal.
Her first bodice-ripper crept onto the bestseller charts last year — despite some branding it a 'slog' with no sex.
Critics called the book 'boring' but it initially sold 1,000 copies a week when it was released.
The second floor compromises of a principal bedroom suite with a walk-in wardrobe, a second bedroom suite as well as a private roof terrace
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People on the street said the Duchess had been spotted viewing the house in the late spring — and seen running into a waiting vehicle. They admitted they were happy to have yet another famous neighbour — as long as her ex-husband stays away.
The building was once two flats now converted back to a house and formed part of the giant Grosvenor Estates portfolio, but has now been transferred to the Duchess, who spends most of her time living with her ex-husband at his grace-and-favour home — the Royal Lodge in Windsor.
The Yorks have been involved in several property controversies. Their former marital home, Sunninghill in Ascot, Berkshire, was sold by Prince Andrew for £3million more than the asking price of £12million in 2007 to a Kazakh oligarch.
The duke is also trying to sell his £18million ski chalet in Verbier, Switzerland. Bought in 2014, it was also described as a nest egg for the children. But the sale has been stalled by a couple who claim he also owes them a business debt of £1.6million.
News Source: dailymail.co.uk
I’m a thrifty mum, how I got my son’s bed for FREE and nabbed a whole bathroom suite for £30
THIS thrifty mum of one has revealed how she decked out the entirety of her home in second hand furniture.
Alix Shaw, 33, has shopped exclusively for second hand items for as long as she can remember, attending weekly car boot sales and rummaging through charity shops to find items for her home and her family.5Alix Shaw, with her second-hand wardrobeCredit: Mercury 5Second hand cabinet in front roomCredit: Mercury
She has managed to find everything from a free bed for her son Casper, two, to wardrobes for £30, a handmade table for £12 and a pink chair for £5.
The graphic designer, from Dereham, Norfolk, estimates that she spent a meagre £3,000 on second hand items for her home, saving herself more than £7,000!
Alix said: “I very rarely buy anything new and love how buying second hand items can offset my carbon footprint as well as giving new life to unwanted items.
“I love boot sales, so try to get to them as often as possible, I go most weekends when they are on over the summer season.MORE IN REAL LIFEVANTASTIC We transformed a box truck into our dream home on a budget - it's so TINYDI-WOW Woman transforms kitchen by making island using a £44 shelving unit from Ikea
“When we moved into our three-bed home in 2019, it was always my plan to furnish it in second hand pieces so I was always on the lookout for anything I could find to add to it.
“I have picked up all sorts of items from charity shops and sales, and if they are not in the best of shape, I will always make sure to upcycle them to give them a new lease of life.
“I reckon I have spent around £3000 on second-hand furniture, looking at those items’ new, I think it would have cost just over £10,000 which is crazy to think about."
Alix’s finds also include a £50 king-size bed for her and partner Tobias Geddes, 33, hexagon floating shelves for £2 apiece, lamps for £2 and even a £5 rug.
She adds: “I’ve also managed to find a weather mobile for over Casper’s bed for £2, we got an absolute bargain brand new bath and sink for £30 from FB Marketplace, and bedside tables for £5 each.
“I’ve also managed to snag quite a few freebies since moving house, like a toy chest I found on the side of the road, a pink storage stool from a friend, and a few gifts from my mother-in-law, Nicky, 57, like a white wicker storage chest, an armchair and a sofa from my parents.
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“I love adding little decorations to my home as well, so I’ve got a few bits and bobs like fake flowers, a fruit bowl, art prints and books for less than £2 each.
“I also love planning ahead for the holiday seasons, so if I see anything my family or Casper might like, I store them as Christmas and birthday presents.
Alix even buys all of her clothes second hand, very rarely buying new.
She said: “Obviously the only thing I tend to buy new is underwear, but I love giving ‘vintage’ and second-hand clothing another chance at life.Most read in LifestyleCHEAP BUT FANCY I’m a Dollar tree superfan - 5 genius ways to use their $1.25 cratesMUM'S THE WORD The reason Khloe Kardashian & Kylie Jenner are so private about their kidsSUMMER STYLE I have 34DD boobs - 6 dresses I found on Amazon including one for just $10TUMMY TROUBLES I'm a fashion expert & women with big tummies ALWAYS make the same mistakes
“Clothes are one of the main things I love to pick up at the boot sales, especially for Casper as he’s just growing so fast, and new baby clothes are often really expensive.
“I can get him everything from t-shirts and dungarees for between 50 pence and £1.
“I get myself lots of playsuits, cardigans, and tops for between 50 pence and £2 as well, most of the time it’s actually brand new and has never been worn.
“It feels great to buy second-hand because it means I’m not contributing to funding fast fashion industries like Shien.
“I’m making sure items don’t go into landfill, and I’m leaving as little of a carbon footprint as possible.”MORE HOME TRANSFORMATIONSDI-WOW I gave my tired floor a quick transformation thanks to Shein’s £30 flooringKITCHEN DREAMS I transformed my dated and boring kitchen for just £260 using DIY hacks PRICE BREAKDOWN EXAMPLES OF SECOND-HAND FURNITURE HOME Entrance way (green wall)
- Brown side unit: free from mother-in-law
- Pink chair: £5 boot sale
- Drinks cabinet: free from mother-in-law
- Lampshade £1 boot sale
- Flowers: £2 boot sale
- Frames: various boot sales & charity shops £1-3
- Bed: free Facebook marketplace
- Toy chest: free roadside pickup & upcycled
- Shelves: boot sale £2 & £1
- Light shade: £1 boot sale
- Weather mobile: £3 charity shop
- Chair: gift from mother-in-law
- Drawers: given to us from a friend
- Lion heads: £4 boot sale
- Bed: £50 Facebook marketplace
- Bedside tables: £5 for both upcycle
- Lamps: £2 boot sale
- Rug: £5 boot sale
- Wardrobes: £30 Facebook marketplace (painted white)
- Light shade: 20p boot sale
- Pink laundry bin: £8 boot sale
- White wicker storage chest: from mother-in-law
- Large white mirror: gift from mother-in-law
- Bath and sink: new from FB market place £30
- Shelves: handmade scaffolding boards £12 a board
- Décor all second-hand from boot sales/charity shop