The Duke of Cambridge won’t move into Prince Charles’ plush Clarence House home during his next reign.
A royal source has confirmed to us Wills will instead remain in Kensington when Charles becomes King and he takes over the role of Duke of Cornwall.
This is despite Charles and Camilla moving to Buckingham Palace when they become King and Queen, as previously revealed by Daily Star Online.
The moves mean Clarence House will be up for grabs for another member of the Royal Family to potentially move into.
Clarence House would not confirm any plans for its future when approached by Daily Star Online.
The news come as Prince William continues to step up preparations to take over his dad’s role and the £1billion estate that comes with it.
We recently revealed how Prince William had attended three secret meetings of the “Duchy of Cornwall” in October and November ready for the big change.
But he has since attended another one just two weeks ago at his and Kate’s Kensington Palace home, as listed on the Royal Family’s official diary.
William will eventually take over the running of the Duchy when the Queen dies and Prince Charles becomes King – a massive private estate which provides income for the heir.
The Duchy – a huge portfolio of land and property interests – owns around 134,000 acres of land in more than 23 counties in the UK.
It is allegedly valued at £1billion and reportedly generated Charles £20.5million last year.
The assets include farming, residential and commercial properties, as well as an investment portfolio.
It currently generates income for Prince Charles which he uses to fund his public, charitable and private activities.
He also uses it to cover the official expenses of his family – including Wills, Kate, Prince Harry and Meghan Markle – alongside the Queen’s taxpayer-funded Sovereign Grant.
As well as becoming the Duke of Cornwall, it is also likely Charles – as King – will bestow upon William the title of Prince of Wales, which is traditionally given to the heir.