Charles III will begin to pay Prince William for the rent of the residence

September 9, 2022, London, London, United Kingdom: King Charles III delivers his address to the nation and the Commonwealth from Buckingham Palace in London, following the death of Queen Elizabeth II (Credit Image: © Pool/i-Images via ZUMA Press)

Charles III will start paying his own son, Prince William, 700 thousand pounds a year rent for the Highgrove residence. After the death of Queen Elizabeth II, the residence passed to Prince William of Wales. About this reports The Sun.

The total cost of the residence is 345 million pounds. Highgrove House is considered the favorite home of Charles III. The residence became part of the Duchy in 1980 and has since become a family home.

Queen Elizabeth II, who ruled the country for over 70 years, has died in Scotland at the age of 96. Her son Charles III was officially proclaimed King of Great Britain on September 10.