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William urged ‘not to put profits over people’ in duchy land sale
Tenants on the Bradninch estate are offered first refusal to buy farms at a discount amid a portfolio reshaping aimed at enhancing social and environmental impact, the Duchy said.
- The Duchy of Cornwall announced plans to sell ten farms on its Bradninch estate in Devon, offering sitting tenants first refusal at a "healthy discount to market rates."
- Will Bax, CEO at the Duchy of Cornwall, stated the sale aims to "reshape the duchy" to focus investment on areas with the greatest "social and environmental need" following a portfolio review conducted over the past year.
- Expressing disappointment, George Dunn, chief executive of the Tenant Farmers Association , welcomed the first-refusal offer, while one tenant warned the purchase could saddle families with "generations of debt."
- Uncertainty surrounds community assets like the football field and allotments, which Bradninch Town Council says remain unrevealed in sale plans; the council described the situation as "worrying."
- The sales process for the £1 billion estate spanning 52,000 hectares across 19 counties has a projected timeframe of 12 to 18 months, with officials liaising with the TFA to provide legal and professional-fee support.
10 Articles
10 Articles
Since his father Charles is king, William has been taking care of the business of the thriving Duchy of Cornwall. Now local farmers accuse him of greed for profit – the prince wants to sell farms that are farmed by them.
perspectivemedia.com
Duchy of Cornwall tenants ‘enormously stressed’ over Devon estate sell-off
The Bradninch estate, near Cullompton, has been part of the duchy for centuries and is owned by the eldest son of the monarch. Tenants of the Duchy of Cornwall have been left “enormously stressed” following plans to sell off land on an estate in Devon. The Bradninch estate, near Cullompton, has been part of the duchy for centuries and is owned by the eldest son of the monarch. As heir to the throne, Prince William inherited the estate – a portfo…
Furious farmers hit out at Prince William over Duchy of Cornwall management: 'King Charles was better!'
Tenant farmers on one of the Duchy of Cornwall's oldest estates have urged Prince William not to place "profits before people" following the announcement that 10 farms will be put up for sale.The Bradninch estate in Devon, part of the historic duchy established nearly 700 years ago, is set to be broken up as the organisation seeks to redirect resources towards areas of greater social and environmental need.Whilst the Duchy has promised tenants f…
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