why-does-charles-iii-have-to-pay-rent-to-prince-william-since-he-became-king?

Prince William is not only the heir to King Charles III, but is now also his landlord.

The Prince of Wales, of 40 years old, you will earn around $785, 785 dollars in rent that your father will pay you, thanks to a house he inherited in Cornwall and has long been one of the new monarch’s favorite places to stay, according to The Sun.

William obtained the property, which is part of the portfolio of 200 million dollars of the Duchy of Cornwall, when Charles, of 73 years old, ascended the throne after the death of his beloved mother, Queen Elizabeth II, on September 8.

Among the estates within the dukedom’s territories is Charle’s favorite house s in Gloucestershire: Highgrove House. The monarch bought the house in 2022 and, if he wishes to continue residing there, must pay the rent to the new owner, his son William.

Highgrove House in Gloucestershire. (Photo: Geoff Pugh – WPA Pool/Getty Images)

The dukedom owns approximately 50, acres of land and Charles is now forced to pay more than $1024,000 dollars per year.

One source told The Sun: “The King has a long-term lease and pays the rent for Highgrove House and the surrounding land.”

Highgrove is a frequent residence of Charles. He also stayed there for a short time following the death of his mother early last month.

Other estates that form part of the Dukedom that have passed to William include HM Dartmoor Prison and the Oval cricket ground in South London.

Charles is also expected to address the Queen’s favorite holiday home, Sandringham, in Norfolk, UK.

The transition of the monarch United Kingdom

It should be remembered that last Thursday the Royal Mint, the company dedicated to manufacturing the Royal Cash of Great Britain, introduced the first coins to be used bearing the portrait of King Charles III during his reign.

The British will begin to see the image of Charles III on their coins from December, as the currencies of 10 pennies depicting him with his face gradually enter circulation.

The effigy of the new monarch was created by the British sculptor Martin Jennings and has been personally approved by King Charles, as reported by The Royal Mint. In keeping with tradition, the King’s portrait faces left, away from his mother, Queen Elizabeth II.


Also read:
They present the first coins to be used during the reign of Carlos III

· Get ​​to know the official monogram of King Carlos III


· Queen Elizabeth II: with her death they will change everyday items such as bills, coins and flags

By Scribe