The Occupied Royal Palaces are held in trust for the nation by The Queen as Sovereign. Their maintenance and upkeep is one of the expenses met by the government in return for the surrender by the Sovereign of the hereditary revenues of the Crown (mainly the profit from The Crown Estate). The Sovereign Grant will allow the Royal Household to set its own priorities and thus generate economies. The Occupied Royal Palaces are:
Buckingham Palace
St James’s Palace
the residential and office areas of Kensington Palace
the Royal Mews and Royal Paddocks at Hampton Court
Windsor Castle and buildings in the Home and Great Parks at Windsor