First Lord of the Treasury that office; in this case, the Second Lord of the Treasury usually served as Chancellor. As of 1841, the Chancellor of the Exchequer has always been Second Lord of the Treasury when he was not also Prime Minister. By convention, the other Lords Commissioners of the Treasury are also Government Whips in the House of Commons. 10 Downing Street is the official residence of the First Lord of the Treasury, and not of the Prime Minister. Chequers, a country house in Buckinghamshire, is the official country residence of the Prime Minister, used as a weekend and holiday home, although the
First Lord of the Admiralty the Admiralty was Richard Weston, 1st Earl of Portland, who was appointed in 1628. The First Lord was not always a permanent member of the board until the Admiralty Department was established as an official government department in 1709 with the First Lord as its head; it replaced the earlier Office of the Admiralty and Marine Affairs. During most of the 17th century and the early 18th century, it was not invariable for the Admiralty to be in commission, so there are gaps in the list of First Lords, and a small number of First Lords were for a time