Prince Andrew will be stripped of his royal titles and will surrender the lease of his 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.
Andrew has been under renewed pressure in recent weeks over his relations with late convicted sex offender Jeffrey Epstein.
In recent weeks, British politicians have even floated debating stripping Andrew’s titles as the Duke of York in UK parliament — a move unprecedented in modern history.
Scrutiny over Andrew’s ties to Epstein resurfaced in recent weeks after the publication of Virginia Roberts Giuffre’s memoir.
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.”
As a child of the late Queen Elizabeth II, Andrew had held the title of prince since birth.
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