First Lord of the Treasury
10 Downing Street represents another part of Walpole's legacy. George II offered this home to Walpole as a personal gift in 1732, but Walpole accepted it only as the official residence of the First Lord of the Treasury, taking up his residence there on 22 September 1735. His immediate successors did not always reside in Number 10 (preferring their larger private residences) but the home has nevertheless become established as the official residence of the prime minister (in his or her capacity as First Lord of the Treasury).