KATE MIDDLETON, 38, and Prince William, 37, live in Kensington Palace, London. They occupy Apartment 1A in the huge royal property with their children. But do they pay rent?
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Kate Middleton and Prince William have lived in Kensington Palace since they married in 2011.
However, the couple do not own the property, as it belongs to the Queen.
So do Kate and William pay rent? Royals paying rent for the properties they live in has always been a bone of contention for taxpayers. Promoted Story
Kate Middleton news: Kensington Palace rent agreement with William – what do they pay? (Image: GETTY)
Kate Middleton news: Kensington Palace rent agreement with William – what do they pay?
In 2010, eight years after the news was first made public, Prince and Princess Michael of Kent began paying the full market rate of £120,000.
Later in 2005 the Palace declared Charles, Princess Anne, the Duke and Duchess of Gloucester, the Duke and Duchess of Kent and Princess Alexandra were not paying rent, having a “grace and favour” status.
A grave and favour home is a property owned by the Queen due to her role as Monarch. They are then often given to staff rent-free as part of an employment package.
However, Kate Middleton and Prince William do not have such an agreement, so what do they do?
Royal expert Eliot Wilson told Express.co.uk: “The rent issue is an interesting one. The Government makes a payment to the royal coffers in the form of the Sovereign Grant, much of which goes to supporting the work of the royals.
“There is, in addition, income from the Crown Estate (to the Queen) and the Duchy of Cornwall (to Prince Charles).”
However, while it may seem like these are three different funds, it is seen by the Royal Family as one and the same, Eliot claims.
Kate Middleton news: Kate and William have lived in Kensington Palace since they married in 2011 (Image: GETTY)
Kate Middleton news: Royal residences of the British Royal Family (Image: EXPRESS.CO.UK)
He said: “Effectively these are three revenue streams for the same project, Project Royal Family (they may well have a code name for it, but I don’t know what it is: in the event of HM The Queen dying, though, an official from the Palace will contact the PM and will say to him or her ‘London Bridge’; Operation Tay Bridge was the death and funeral arrangements of HM The Queen Mother).
“So there’s an element to which it doesn’t matter whether William and Catherine’s accommodation is paid for by Daddy or Granny, as it is all, in the end, coming from one pot (though there is a sense in which Duchy of Cornwall income is more personal and can be spent on whatever the Prince of Wales likes, such as the Duchy Originals brand or the model village at Poundbury, or Dumfries House which he has recently acquired for the Prince’s Trust).”
The more high profile the royals, the greater a shroud of mystery around their exact finances, the expert has said.
“It is only the more distant royals – Prince and Princess Michael of Kent become notorious for a while in this connection – who are placed on a more transparently commercial footing,” Eliot explained.
“For the close family it makes no difference, except to the accountants and auditors.”
Kate Middleton news: William and the Duchess’s relationship timeline (Image: EXPRESS.CO.UK)
Will Kate Middleton have to move out of Kensington Palace after a huge shake up with Prince William?
Windsor Castle is the current home of the Monarch. According to the royal website she stays here most weekends.
Does this mean William and Kate will move here when William takes the throne?
How much is Kate and William’s flat in Kensington Palace worth? /life-style/property/774502/property-for-sale-flat-to-rent-Kensington
Its exact worth is not known, however, a flat near by was being rented for £2,200 a week, or £114,400 a year.
Kate Middleton news: Royals paying rent has always been a bone of contention for taxpayers (Image: GETTY)
How did Kate Middleton become a royal?
Kate Middleton, or Catherine, Duchess of Cambridge, was born on 9 January 1982 at the Royal Berkshire Hospital, Reading, England.
She was born to Michael and Carole Middleton, a former flight dispatcher and air hostess. The couple founded a party supplies company, Party Pieces, in 1987 – now estimated to be worth £30 million.
Kate has a younger sister Pippa Matthews, 34, and a younger brother James Middleton, 31.
Kate and her family moved to Amman, Jordan, in 1984, where the future Duchess was educated at an English-speaking nursery school.
After moving back to Berkshire the family sent Kate to private school, St Andrews School. She went on to briefly study at Downe House before moving onto Marlborough College where she boarded.
For university the young Kate attended the University of St Andrews in Fife, Scotland. Here she was awarded an undergraduate MA (2:1 Hons) in history of art.
Relationship with Prince William
Kate met Prince William when they were both studying at St Andrews, and both living in St Salvator’s Hall. Famously, William reportedly took a fancy to Kate after she wore a see-through dress during a fashion show.
In 2003 the couple began dating and lived together during their second year of university.
The couple split in April 2007, however, in October they were back together.
Prince William proposed to Kate Middleton with his late mother Princess Diana’s engagement ring in October 2010. The couple were holidaying in Kenya at the time.
On 29 April 2011 they married at Westminster Abbey with a whopping 26 million watching the event live.
Kate wore an Alexander McQueen dress worth a reported £250,000 on the big day.
Kate assumed the title “Her Royal Highness The Duchess of Cambridge” and also become the Duchess of Cambridge on the day.
Source: EXPRESS CO UK