There has been no offical announcement as where the King and Queen will be living. Most people assume that they will continue to live at Clarence House when in London.
Buckingham Palace has over the years been seen more as the Office HQ than a place of residence.
This is a possibility. Then again, I read a news headline a few days ago that stated he was planning major renovations within BP and costing quite a bit that might indicate some intention to update it as far as a residence? I'll post the link later if I can find it again.
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