As King, Prince Charles might pay £700,000 in rent to Prince William.
A REPORT claims that when Prince William becomes King, he would have to pay £700,000 in rent to his father.
If the Prince of Wales, 72, chooses to remain his Highgrove property in Gloucestershire after he succeeds Elizabeth II to the throne, he may pay his eldest son, the Duke of Cambridge, 39, the exorbitant rent charges. The change in royal living arrangements is expected to coincide with a more drastic revamp of the Royal estate after Her Majesty passes away, according to the Mail on Sunday.
The slimming down of the Firm is said to entail publicizing London properties, converting Balmoral into a museum for Queen Elizabeth II, and relocating the Cambridges to Windsor Castle.
The Duke of Cornwall, according to the tabloid, is adamant about not moving into the royal’s Berkshire house because of its proximity to Heathrow airport.
“Charles is not fond of Windsor because it is extremely noisy,” a friend of Charles reportedly claimed.
“If he’s going to Windsor, he might as well go to Highgrove in Gloucestershire,” he says.
In 2018, more than 200,000 passengers flew on Heathrow’s 1,300 daily flights, according to the airport’s website.
However, because Charles inherits the Duchy of Cornwall from his father, his home in the Cotswolds will automatically pass to his son when he becomes King.
As a result of the change in title, the Prince of Wales would be obligated to pay rent.
According to the Mail on Sunday, the Cambridges could inherit the Prince of Wales’ Llwynywermod estate in Carmarthenshire and Anmer Hall in Norfolk.
However, it has been suggested that Charles may choose to relocate the Firm’s residential quarters at Buckingham Palace.
It is expected that the royal family’s London home, which is now receiving £369 million in repairs, will be open to the public all year.
“Despite what everyone thinks about him not wanting to live there,” an insider allegedly claimed, “he will absolutely have accomodation there – but it will be a lot more basic flat-above-the-shop arrangement like to that of the Prime Minister at Downing Street.”
“Both the Prince and Duchess of Cornwall are practical people who understand that the reigning monarch must live in Buckingham Palace or it will become like Hampton Court.”
Prior to the Brexit vote, Clarence House had been identified as a possible residence for Prince Harry. “Brinkwire News Summary.”