"A buyer has been found and a price has been agreed," a source said of the transaction. "Things are proceeding. It has not been completed yet. But it is hoped to be very soon."
However, the royal still has to pay Isabella de Rouvre, whom he bought the house from in 2014. She claimed that he and Sarah Ferguson didn't pay the final installment, so she took them to court last year.
de Rouvre dropped the case, and they are now working on an agreement. "Court action has been withdrawn and the matter is close to being resolved to everybody’s mutual satisfaction," a source said.
Ferguson was spotted with Princess Beatrice, and her husband, Edoardo Mapelli Mozzi, Princess Eugenie, and her husband, Jack Brooksbank, in Switzerland for the holidays.
According to The Sun, the family wanted to tie "up loose ends."
"Until the paperwork is done it is still legally theirs to do as they wish," a source said. "But yes it was a form of saying goodbye."
Virginia Roberts sued Prince Andrew for allegedly raping her when she was 17 years old, but he has denied any wrongdoing. Andrew has now tried to get the case thrown out, as she no longer lives in the United States. The judge has yet to make a decision, but the future looks bleak for the dad-of-two.
"What might happen to Andrew is a form of 'internal exile,' where he might, for example, manage the royal estates or something similar," expert Richard Fitzwilliams predicted of what happens to his titles. "He would lose his remaining links with charities and his military links. In a worse case scenario, if he were to lose the civil case against him, it might be agreed that he would keep his HRH but would not use it."
“If he loses the case, the question is: what do you do with him?” another source told The Sunday Times. “You can’t make him resign like you would a normal person but he would be asked to put his dukedom into abeyance.”