If King Charles were to keep the lease on the property, he’d continue paying rent to the Duchy of Cornwall, where Prince William is putting the “lord” in “landlord.”
that he won’t renew the lease on Llwynywermod, the farmhouse and surrounding 192 acres he used as a home base when visiting the region of Carmarthenshire in his duties as Prince of Wales.
Before you go feeling bad for Charles that he had to swap his duchy for the crown, don’t worry—there’s aduchy, this one of Lancaster. Cornwall is for the Duke of Cornwall , and Lancaster is for the Duke of Lancaster . Both of the duchies were established in the 14th century and are considered an independent source of income for the monarchs, raking in income from properties throughout the country.
Charles purchased the estate via the Duchy of Cornwall in 2007, and the decision to no longer use it, now that the duke title has passed to his son, is part of an effort to downsize and have fewer residences and associated expenses, the
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