Keeper of the Privy Purse Alan Reid said maintenance on aging royal buildings, "and in particular Buckingham Palace, will present a significant financial challenge" in the next few years.
Buckingham Palace needs repairs; queen may have to leave
LONDON – Queen Elizabeth II may have to move out of Buckingham Palace during much-needed renovations to the residence, which has not been substantially redecorated since she took the throne in 1952, royal officials said Wednesday.
Officials say the palace needs an estimated $237 million of renovation and upgrades, including replacing old plumbing and wiring and removing asbestos. Having her move out during the work is one option being considered.
The queen has several other residences but spends about a third of her time in the London palace, which was first used by her ancestor Queen Victoria. It is the site of summer garden parties and scores of ceremonial events each year.
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