King Charles III To Retain Clarence House As Residence Post-Buckingham Palace Renovation

King Charles III will continue to reside at Clarence House in London, rather than moving into Buckingham Palace following its extensive 10-year refurbishment program. Royal officials announced on June 25, 2026, that the decision was finalized after careful assessment to allow for expanded public access to the palace once the £369 million project concludes next year. The palace will continue to function as the primary ceremonial and operational hub of the British Monarchy.

The massive overhaul, which commenced in 2017, focuses on modernizing essential infrastructure, including plumbing, heating, and wiring, to ensure the historic structure remains viable for the next half-century. By maintaining Clarence House as his primary home, the King aims to balance private royal living with the necessity of hosting increased public visitors, a figure which currently stands at approximately 700,000 annually.

Alongside the residency update, King Charles provided a comprehensive disclosure of royal finances. He reported paying £12.9 million in income and capital gains taxes for the 2024-25 financial year, marking an increase from the £11.7 million paid in the previous period. The move signals a shift toward greater transparency in royal expenditures as the institution prepares to modernize its operational strategy under the current reign.