Exclusive: Assets of thousands of people in north-west England used to upgrade king’s property empire via archaic custom
‘He would turn in his grave’: the dead whose assets went to King Charles’s estateHow royal estates use bona vacantia to collect money from dead people
The king is profiting from the deaths of thousands of people in the north-west of England whose assets are secretly being used to upgrade a commercial property empire managed by his hereditary estate, the Guardian can reveal.
The Duchy of Lancaster, a controversial land and property estate that generates huge profits for King Charles III, has collected tens of millions of pounds in recent years under an antiquated system that dates back to feudal times.
Continue reading… The Guardian Read More Exclusive: Assets of thousands of people in north-west England used to upgrade king’s property empire via archaic custom‘He would turn in his grave’: the dead whose assets went to King Charles’s estateHow royal estates use bona vacantia to collect money from dead peopleThe king is profiting from the deaths of thousands of people in the north-west of England whose assets are secretly being used to upgrade a commercial property empire managed by his hereditary estate, the Guardian can reveal.The Duchy of Lancaster, a controversial land and property estate that generates huge profits for King Charles III, has collected tens of millions of pounds in recent years under an antiquated system that dates back to feudal times. Continue reading…
