Prince William has finally been given the go-ahead for his ambitious plans and appears to have scored a major victory to secure his future reign as king.
William, heir to the British throne, got a nice update amid his preparation for the future role.
The Prince has been given permission to build a brand new property in 2027 in Shepton Mallet, Somers.
This remarkable achievement marks a major milestone in his journey, paving the way for a bright future as the future king.
With each success, William strengthens his position and sets a shining example for others to follow. The path to greatness just got a lot brighter after this development.
As the Duke of Cornwall, William heads the Duchy of Cornwall, an expansive property and land portfolio which reportedly spans 23 counties and includes residential developments, castles and commercial property.
As reported by Hello!By 2027, 620 homes will be built in Shepton Mallet. The future monarch’s plans have just been approved, after lengthy negotiations and much back and forth. In the past, high levels of phosphate in nearby waters have blocked housing plans.
The Duchy is partnering with developer CG Fry and Son Ltd, and the new estate will also include a primary school, a care home and business premises.
It has been revealed that 30 per cent of the homes will be ‘affordable homes’, which is part of the Government’s initiative to ensure the UK has affordable housing.
Normally new-build estates have around 10 per cent affordable housing, so for this Somerset project to have up to 30 per cent, the Duchy’s efforts will be applauded.
How the ownership of the duchy works is laid down in the rules.
“A charter stipulated that each future Duke of Cornwall would be the eldest surviving son of the monarch and the heir to the throne,” which would make Prince George the Duke of Cornwall and Duke of the Duchy upon his father’s accession to the throne one day.
According to reports, the state provides William with a private income of close to £23 million a year, which is used to fund his charitable, private and official endeavours.
The income also covers the costs of staffing William and Kate’s household, with the number of employees rising from 66 to 68 in the year to April.
