King Charles is not going to stay in Buckingham Palace after $487 million renovation

King Charles is not going to stay in Buckingham Palace after $487 million renovation


King Charles III is not going to stay at Buckingham Palace after the completion of a $487 million refurbishment, in a break from a virtually 200-year-old custom. 

Royal officers pressured that the king and Queen Camilla would proceed to work out of the palace, which can stay “the ceremonial and operational middle” of the monarchy. However for the remainder of Charles’ reign, the king and queen will stay in close by Clarence Home. 

“It’s and can stay Monarchy HQ, the crown jewel of our nationwide buildings,” mentioned James Chalmers, the senior royal official accountable for managing the king’s monetary affairs. 

The choice was introduced Thursday throughout a briefing on royal funds at which the king turned the primary British monarch to disclose the taxes he paid to the federal government. The king paid $16.1 million in earnings and capital features taxes within the 2024-25 monetary yr, up from $15.4 million the earlier yr. 

Trooping The Colour 2026

The Coldstream Guards exterior Buckingham Palace throughout the Trooping The Color ceremonial parade on June 13, 2026 in London, England.

Chris Jackson / Getty Photographs


Constructed within the 1820s, Buckingham Palace has been the London dwelling of each British monarch since Queen Victoria. With 775 rooms, the palace additionally gives workplace house for the royal paperwork and hosts lavish state dinners for visiting presidents and potentates. 

However now the king and queen have determined proceed residing at Clarence Home, a stately dwelling near the palace the place Charles has lived since he was Prince of Wales. 

That call will allow the palace to extend entry public entry, host extra occasions and increase the variety of guests and excursions of the constructing, Chalmers mentioned. The palace already receives about 700,000 guests a yr. 

Trooping The Colour 2026

Queen Camilla and King Charles III greet crowds on the balcony of Buckingham Palace throughout Trooping The Color on June 13, 2026.

Chris Jackson / Getty Photographs


The palace can also be a focus for the general public, with crowds gathering below its well-known balcony to cheer as kings and queens announce the ends of wars, have fun their marriages and mark historic occasions, reminiscent of Queen Elizabeth II’s 70 years on the throne. It additionally gives the backdrop for parades down the broad ceremonial avenue often known as The Mall. 

However in spite of everything the damage and tear, the palace was beginning to present its age. In 2017, the royal family started a 10-year program to replace out of date plumbing, wiring and heating and improve the constructing so it might proceed to deal with the monarchy for one more 50 years. The venture is scheduled to be accomplished subsequent yr.