Kate, Wills Moving Into Kensington Palace

Royal newlyweds Will and Kate are poised to move into Kensington Palace, taking a small apartment in the grand palace as their starter home, reports the Telegraph. The palace, home to several royals, is well known to Prince William, who grew up there with his brother after his mother's divorce from Prince Charles. It's just temporary, though, as the apartment is considered too small to raise a family. The Duke and Duchess of Cambridge won't pay any rent on their palatial digs—which is a good thing, considering palace-mates the Prince and Princess of Ken pay about $195,000 a year for their fancy flat in Kensington Palace. Prince William earns just $60,000 a year as an RAF officer. (More Prince William Kate Middleton stories.)