King Charles will strip Prince Andrew of his royal titles and remove him from the Royal Lodge on the grounds of Windsor.
The announcement was made by Buckingham Palace.
The statement said formal notice was given to Andrew that he would need to surrender the lease of his mansion and move to private accommodation.
He will now be known as Andrew Mountbatten Windsor and not as a prince.
As a child of the late Queen Elizabeth II, Andrew had held the title of prince since birth.
Andrew would relocate to the Sandringham Estate, privately funded by the King, according to reports by British media, including the BBC.
Andrew has been under renewed pressure in recent weeks over his relationship with the late convicted sex offender Jeffrey Epstein.
He surrendered his use of the title Duke of York earlier in October.
The statement from Buckingham Palace said the censures were "deemed necessary, not withstanding the fact that he continues to deny the allegations against him".
"Their Majesties wish to make clear that their thoughts and utmost sympathies have been, and will remain with, the victims and survivors of any and all forms of abuse."
In recent weeks, British politicians even floated the idea of debating stripping Andrew's titles as the Duke of York in UK parliament — a move unprecedented in modern history.
They also questioned whether Andrew should still be living in the house.
The Times reported that he had not paid rent on his 30-room mansion for two decades, but had funded at least 7.5 million pounds' ($15 million) worth of renovations when he moved in.
His ex-wife, Sarah Ferguson, who had been living with him in the mansion, will have to find a new home.
Andrew faced a new round of public opprobrium after emails emerged earlier this month showing he had remained in contact with Epstein longer than he previously admitted.
That followed the publication of Virginia Roberts Giuffre's posthumous memoir, Nobody's Girl, which detailed three alleged sexual encounters with Andrew.
Ms Roberts Giuffre alleged he acted as if he believed "having sex with me was his birthright".
Andrew, 65, has long denied her claims, but stepped down from royal duties after a disastrous November 2019 BBC interview in which he attempted to rebut her allegations.
He paid millions in an out-of-court settlement in 2022 after Ms Roberts Giuffre filed a civil suit against him in New York.
While he didn't admit wrongdoing, he acknowledged Ms Roberts Giuffre's suffering as a victim of sex trafficking.
Ms Giuffre died by suicide in April 2025 at the age of 41.
Virginia Roberts Giuffre 'brought down a British prince'
The family of Ms Roberts Giuffre, in a statement, said it was a victory following years of her fighting for survivors.
"Today, an ordinary American girl from an ordinary American family brought down a British prince with her truth and extraordinary courage," they said.
"Virginia Roberts Guiffre, our sister, a child when she was sexually assaulted by Andrew, never stopped fighting for accountability for what had happened to her and to countless other survivors like her.
"Today, she declares a victory."
They vowed to continue Ms Roberts Giuffre's battle and would "not rest until the same accountability applies to all of her abusers and abetters connected to Jeffrey Epstein and Ghislaine Maxwell".
ABC/AP/Reuters