Tenants of Charles’ property are prohibited from buying perfect property under the laws “approved by the heir to the throne”

Tenants of Price Charles’ private property are prohibited from buying perfect property under the laws “approved by the heir to the throne”

  • The Duchy of Cornwall is a £ 1 billion portfolio of land, properties and investments
  • It is exempt from property laws that give families the right to buy homes immediately
  • The exemptions were approved after Charles was notified of the account, says the report
  • The Duchy of Cornwall dismissed the suggestion that Carlos influenced legislation

Tenants of Prince Charles’ private property were prohibited from buying the perfect property of their homes by laws’ passed by the heir to the throne ‘.

Parts of the Duchy of Cornwall – a £ 1 billion portfolio of properties and investments – are exempt from two property laws that give families the right to buy their homes immediately.

Archival documents show that the exemptions were passed after Charles had a prior view of the legislation in an obscure parliamentary process, reported The Guardian.

Exemptions mean that residents live in houses that are difficult to sell due to the end of the lease and against which they have difficulty applying for a loan.

Prince Charles, Prince of Wales meets with residents of The Guinness Partnership's 250th accessible home in Poundbury on May 8, 2015 in Dorchester, Dorset

Prince Charles, Prince of Wales meets with residents of The Guinness Partnership’s 250th accessible home in Poundbury on May 8, 2015 in Dorchester, Dorset

Retired oil executive Alan Davis (pictured), a tenant on the Isles of Scilly, part of the Duchy of Cornwall, told the newspaper he was unable to buy the bungalow he bought in 1984

Retired oil executive Alan Davis (pictured), a tenant on the Isles of Scilly, part of the Duchy of Cornwall, told the newspaper he was unable to buy the bungalow he bought in 1984

But a spokesman for the Duchy of Cornwall said: ‘Any claim that the Prince of Wales has blocked or unduly influenced the legislation is incorrect.’

Retired oil executive Alan Davis, a tenant on the Isles of Scilly, part of the Duchy of Cornwall, told the newspaper he was unable to buy the property in the bungalow he bought in 1984.

He was affected by an exemption in the Lease, Housing and Urban Development Reform Act of 1993, which excludes Dartmoor, much of which is owned by the Duchy and the Isles of Scilly.

With less than 65 years to pay the rent, he worries about the future value of his house, saying to the Guardian: ‘The problem arises when you want to sell it. If rent is reduced to somewhere around 30 odd years, people will simply dodge it. ‘

He added that it was “an absolute nonsense” that he and other residents could not buy their homes directly from the duchy.

Another tenant, Jane Giddins, has lived in one of the prince’s homes in Newton St Loe’s village in Somerset since 1996.

She said that she and her husband ‘shed a lot of money and love to renovate it’, but that when they die ‘our children will be left with a property that is very difficult to sell.

Mrs Giddins told the newspaper: ‘The question is, why can the crown continue with a feudal system just because it wants to?’

The Oval cricket ground and Dartmoor prison are just a few of the properties owned by the Duchy of Cornwall.

Created in 1337 by Eduardo III for his son Eduardo, the Black Prince, the duchy’s main objective has been to provide an income, independent of the monarch, for the apparent heir.

The Guardian also said the documents show that Charles, who holds the title of Duke of Cornwall, also vetoed the Common Property Reform Act of 2002, which contained exemptions that favored the duchy.

The Isles of Scilly, which are part of the Duchy of Cornwall

The Isles of Scilly, which are part of the Duchy of Cornwall

A spokesman for the Duchy of Cornwall said: ‘It is a long-established convention that the prince, as Duke of Cornwall, is asked by Parliament to give consent to the bills that Parliament has decided would affect the interests of the Duchy of Cornwall. .

‘If consent is necessary, the bill is, by convention, submitted to the Prince of Wales to be granted only on the advice of ministers and as a matter of public record.’

The spokesman added: ‘The Duke of Cornwall and the Council of the Duchy of Cornwall have no involvement in drafting legislation that relates to any part of the lease reform, including residential emancipation.

‘The Duchy, however, takes great care to ensure that anyone who buys a property where the property belongs to the Duchy is fully aware of the restrictions that can be applied to their property as a result of the legislation.’

.Source