Chris Jackson/Getty ImagesAre Kate Middleton's parents moving into Kensington Palace?
Not so, a Palace source tells The Telegraph, despite rumors buzzing that Prince George's grandparents are gearing up to have their own rooms inside the royal apartment.
While there will be at least one guest bedroom inside of Prince William and his wife's future home, there are reportedly no permanent arrangements for Carole and Michael Middleton to reside.
So when it does become time that the new family of three move into their refurbished apartment, they can have their choice of guests (and babysitters) inside of their spare room.
Per reports, remodeling and construction plans made to Kensington Palace will cost £1 million (approximately $1.52 million), and that money will come from British taxpayers.
Much of this money will be used to remove asbestos, according to published reports.
(Considering asbestos can cause all kinds of health problems—including cancer—this seems like money well spent.)
Other funds will be allocated toward roof repairs, rewiring electrical outlets and replacing heating and hot water systems.
But the little prince's first home has been the Middleton's $7.3 million dollar mansion just outside of London in Bucklebury.
After spending his first night in the Lindo Wing of St. Mary's Hospital, and his second night at Kensington Palace, he moved into the countryside manor and got settled with his family.
Kate's parents purchased the £4.7 million ($7.3 million) seven-bedroom Georgian manor in October 2012. It has a tennis court, an outdoor swimming pool, stunning gardens—even sheep in the back yard!
Of course, in order to ensure the safety of the royal family, who frequently visit Bucklebury Manor, a ring of steel was placed around the property. Thanks to a joint effort between local police and the Royal Protection Squad, the estate is patrolled by police and officers on horseback.
It's only a matter of time before Georgie moves permanently into the palace!