William and Kate are moving to an eight-bedroom home in Windsor Great Park, with their children, George, Charlotte, and Louis.

A Kensington Palace spokesperson said: “The Wales family will move house later this year.”

According to The Sun, the royal couple are paying for the property and renovations themselves, avoiding any extra cost to the taxpayer.

The paper reported that work has already started on a minor renovation at the Grade II-listed property.

The move will be a short one from their current main home at Adelaide Cottage in Windsor, and the children attend nearby Lambrook School.

They also have homes at Anmer Hall in Norfolk and Apartment 1A in Kensington Palace in London.

As heir to the throne, William inherited the Duchy of Cornwall estate, a portfolio of land, property and investments valued at more than £1 billion, when his father became King.

According to The Sun, Forest Lodge would be worth about £16 million on the open market. The King owns the freehold.

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Are Harry and William rifting?

Prince Harry will reportedly have to take the first step towards Prince William if the brothers want the alleged feud to be fixed.

Reports of problems within the royal family increased significantly after the Duke of Sussex and his wife, Meghan Markle, stepped down from their duties in 2020.

Since then, the couple has publicly talked about the rift through interviews, the 40-year-old’s memoir “Spare,” and their Netflix documentary “Harry & Meghan.”