Professional Land Surveyors in Penzance

The Duchy of Cornwall is a well-managed private estate, which was established by Edward III in 1337. The revenues from the estate are passed to HRH The Prince of Wales and Duke of Cornwall, who chooses to use them to fund his public, charitable and private activities. The Duchy consists of around 53,000 hectares of land in 23 counties, mostly in the South West of England. The principal activity of the Duchy is the sustainable, commercial management of its land and properties. The Duchy also has a financial investment portfolio.

HM King Charles III took over the running of the estate as Duke of Cornwall when he was 21, in 1969. In 2022, he celebrated 70 years as Duke of Cornwall, making His Majesty the longest-serving Duke of Cornwall in the estate's history. Over the last few years, HRH Prince William, the current Prince of Wales, has worked with his father managing the estate and has now taken over full responsibility for the estate leadership.

Yes. Like everyone else, The Prince of Wales pays income tax including on his income from the Duchy of Cornwall. This is not a requirement but something His Royal Highness chooses to do voluntarily.

Please check with the relevant Duchy District Office and also take legal advice as to whether your property is eligible for a lease extension. Further information is available here.

Please check with the relevant Duchy District Office and also take legal advice as to whether the property you currently lease may be eligible for an application to obtain the freehold. In circumstances where the property is potentially eligible there is a statutory form that needs to be completed and submitted to the relevant Duchy District Office, who will pass the application to the Duchy Solicitor for consideration. Further information is available here.