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.
He would relocate to Sandringham Estate, privately funded by the King, according to reports in the 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 he should still be living in the Royal Lodge.
The Times reported that he had not paid rent on the 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.
New claims emerged
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 did not 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.
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".
Andrew a broken man, says Monarchist League
The Australian Monarchist League said while Andrew had been "extremely foolish with his involvement with Jeffrey Epstein" it was worth noting that he had "never been criminally charged for any offence either in the United Kingdom or the United States".
"The Crown, itself, is untarnished and will continue on protecting the constitutional rights of the Australian people," it said in a statement.
"The fact is, in Australia, it is the King who is Sovereign Head of State, not any member of his family.
"As far as Andrew Mountbatten Windsor is concerned, through his own stupid foolishness, he is now a broken man. 
"A far cry from his Royal Navy days (1979 to 2001), including his service during the 1982 Falklands War in which he was considered to be a war hero."
ABC/AP/Reuters