Prince William plotting massive shake-up when he inherits Charles £314m estate

Prince William is planning a massive shake-up when he inherits Prince Charles' estate, according to reports.

Wills is looking into using the Duchy of Cornwall properties to house the homeless to get practical use from the buildings he will eventually inherit from father Prince Charles.

The Duke of Cambridge has reportedly asked staff to explore how the properties could be used to help people who have fallen on misfortune.

Some of the estate's urban buildings have been converted for use by charities, decades after the Prince first visited a homeless shelter with his mother, Diana, Princess of Wales.

The Duchy currently owns 52.660 hectares of land across 20 counties.

There are over 2,980 existing tenancy agreements and around £314 million of commercial property.

Much of the grand estate is made up of farms and long-term lettings as the Prince of Wales has focused on rural areas and has aimed to preserve the traditional ways of life.

A Royal source told the Telegraph the idea is currently at an investigative stage, with several logistical challenges needed to be sorted before a plan could be put in place to make it reality.

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But they confirmed: “The Duke is interested in finding ways to help alleviate the homelessness situation in any way he can.”

Prince William first visited a homeless shelter with Prince Harry and late mother Princess Diana in 1993.

The Duke of Cambridge now supports the charity which helps up to 200 people a day as London's largest voluntary sector resource centre for the homeless and vulnerable.

He previously said: "The visits I made as a child to this place left a deep and lasting impression upon me.

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"About how important it is to ensure that everyone in our society, especially the poorest, are treated with respect, dignity and kindness, and are given the opportunities to fulfil their potential in life."

When Prince Charles becomes king, Prince William will automatically inherit the estate.

In September, The Duke celebrated the 40th anniversary of The Passage, saying: “The last 18 months of the pandemic have shown us how much we rely on each other to get by – and just how strong our communities can be when we work together to get things done.

“As we emerge from the pandemic, we now need to continue that collaboration to prevent and end homelessness.”

Representatives for the Cambridges have been contacted for comment.

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