prince harry meghan markle home mortgage© Photo: Getty Images

How Prince Harry and Meghan Markle financed their £11m property purchase – report

The Duke and Duchess of Sussex live in Montecito

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Homes Editor
January 27, 2022

The lives of Prince Harry and Meghan Markle are far from normal, but it turns out there’s one thing about their vast £11million mansion in Santa Barbara that is pretty ordinary - and that’s how it was purchased.

It has been reported in the royal biography Finding Freedom that the Duke and Duchess of Sussex took out a mortgage on their palatial nine-bedroom home – just like a 'normal' couple would.

PHOTOS: Prince Harry and Meghan Markle's £11m family home is a fully-fledged hotel

WATCH: The Duchess of Sussex shows off her incredible home office 

The new epilogue in the book, written by royal journalists Omid Scobie and Carolyn Durand reads: "As they settled into the nine-bedroom, 7.4-acres, 18,671-square-foot property (which, like nearly all average couples, they took a mortgage out on), Harry and Meghan enjoyed the lush grounds with Archie, who was now running around with boundless energy and making the most of the private playground at his disposal."

READ: Piers Morgan wonders if he can return to GMB following Ofcom ruling on Meghan Markle comments

REVEALED: Do the royals pay rent? Princess Eugenie, Prince Harry, Prince William and more

The updated version also reveals why the couple decided upon this particular area to become home. It is believed to be the "perfect place to raise a family, specifically Montecito, where houses sat within double-gated communities for maximum privacy yet were close enough to the amenities of civilisation when needed".

Want to read it for yourself?

Finding Freedom in paperback, £8.19, Amazon

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As well as the epic playground for little Archie and Lilibet including several slides, climbing frames and tunnels, the rest of the Sussex's estate is just as fabulous.

The couple have their own private spa, with a separate dry and wet sauna and outside there is a huge pool with outside kitchen.

The royal couple have a jaw-dropping home

We've seen some of the gorgeous interiors thanks to various virtual appearances throughout the pandemic, and one of the most recent glimpses was from Meghan's home office during her birthday announcement which was every bit as chic as we imagined.

It has a large farmhouse desk in the centre, a stylish neutral colour scheme and so many luxurious touches.

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