Britain's Prince William and Kate Middleton have set a date and location for their wedding next year having announced their engagement to the world just a week ago.

The couple will be wed in Westminster Abbey, in London, on April 29, according to a spokesperson for Prince Charles, William's Father.

"The royal family will pay for the wedding, following the precedence set by the marriages of the prince and princess of Wales in 1981 and Princess Elizabeth and Prince Philip in 1947," said the spokesperson.

Westminster Abbey, a thousand-year-old Abbey in center of London, has been the favorite of royal fans, the media and bookies for the last week.  

British Prime Minister, David Cameron, also announced that the date of the wedding will be a national holiday.

He said "The wedding of Kate and William will be a happy and momentous occasion...We want to mark the day as one of national celebration. A public holiday will ensure the most people possible will have a chance to celebrate on the day."

Westminster Abbey was the obvious choice for the wedding. Founded in 960, the present Gothic church dates back to 1245, and since 1066 it has been the "coronation church", where kings and queens are

The Abbey has close ties to the current royal family. It is where Queen Elizabeth II married Prince Philip in 1947, where her father, King George VI, got married there in 1923 and it's where the funeral of William's mother, Princess Diana, took place there in 1997.