St James’s Palace said the couple had chosen an apartment in Kensington Palace to be their base in the city.
However, they will not move in for two years because structural improvements are needed to make it habitable.
Margaret and Lord Snowdon lived in the apartment after they wed in 1960, the last time major work was carried out.
Princess Margaret remained in the property after she and her husband divorced in 1978. She died in 2002.
Large amounts of asbestos need to be removed and repairs must be carried out on the heating and hot water systems, as well as electrical wiring, before William and Catherine can move in.
The estimated cost of the structural improvements is not known because survey work has not yet been carried out. Basically it will be a shit load of money.
The cost will be met by the government’s grant-in-aid budget – provided to the Royal Household for the upkeep of residences – and the sovereign support grant, which will replace it from 2013.
That is right those poor royals (one of the richest families in Europe) have trouble paying for the upkeep of their myriad of residences – not.
The plans have been approved by the Queen and the Prince of Wales. William’s household will follow him from their offices at St James’s Palace to the historic building, which has been a royal residence since 1689.
The Duke and Duchess currently live in another, smaller property at Kensington Palace when in London.