King Charles III has announced he will not reside at Buckingham Palace after the completion of its decade-long £369 million ($487 million) refurbishment. According to multiple reports, the king and Queen Camilla will continue living at Clarence House, their current London residence. This decision aims to increase public access to Buckingham Palace, which has served as the center of royal life for nearly 200 years.
Key Takeaways
King Charles III has announced he will not reside at Buckingham Palace after its £369 million refurbishment. He and Queen Camilla will continue living at Clarence House while using Buckingham Palace for ceremonial purposes.
- King Charles and Queen Camilla to remain at Clarence House post-refurbishment
- Buckingham Palace to serve as the monarchy's operational center, hosting more public events
- Extensive £369 million refurbishment includes updating plumbing, wiring, heating systems
- King Charles becomes first monarch to disclose tax payments: £12.9 million in 2024-25
- Prince William also discloses his taxes: £7.76 million in the same period
Source Claims Check
High Consensus| Claim | Status | Reason | |
|---|---|---|---|
| King's Residence | Broad Agreement | King Charles will not live at Buckingham Palace after refurbishment | |
| Refurbishment Cost | Broad Agreement | £369 million ($487 million) refurbishment of Buckingham Palace | |
| King's Tax Payments 2024-25 | Broad Agreement | King Charles paid £12.9 million in taxes for 2024-25 | |
| Prince William's Tax Payments 2024-25 | Broad Agreement | Prince William paid £7.76 million in taxes for 2024-25 | |
| Buckingham Palace Visitors Annually | Broad Agreement | Buckingham Palace receives about 700,000 visitors annually |
The extensive refurbishment project began in 2017 and is scheduled for completion next year. It includes updating obsolete plumbing, wiring, heating systems, and making structural improvements to ensure the palace can continue to house the monarchy for another 50 years. Buckingham Palace has been the London home of every British monarch since Queen Victoria.
During a briefing on royal finances, King Charles became the first British monarch to reveal his tax payments. He paid £12.9 million ($16.1 million) in income and capital gains taxes for the 2024-25 financial year, up from £11.7 million the previous year. Prince William also released his tax details, paying £7.76 million in income and capital gains taxes for the same period.
Royal officials emphasized that while King Charles and Queen Camilla will not live at Buckingham Palace, they will continue to work there, maintaining it as 'the ceremonial and operational center' of the monarchy. The decision is expected to enable the palace to host more events, increase public access, and expand visitor tours. Currently, the palace receives about 700,000 visitors annually.
The announcement comes as the royal family seeks to modernize its image and shift public attention away from recent controversies involving Prince Andrew's links with Jeffrey Epstein. Buckingham Palace serves as a focal point for national celebrations and historic events, providing a backdrop for parades down The Mall.
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