Prime Minister of the United Kingdom retirement from the Commons, which elevates the individual to the House of Lords. Formerly, the peerage bestowed was usually an earldom, with Churchill offered a dukedom. From the 1960s onward, life peerages were preferred, although in 1984 Harold Macmillan was created Earl of Stockton. Sir Alec Douglas-Home, Harold Wilson, James Callaghan and Margaret Thatcher accepted life peerages, although Douglas-Home had previously disclaimed his hereditary title as Earl of Home. Edward Heath did not accept a peerage of any kind and nor have any of the Prime Ministers to retire since 1990; although Heath and Major were later appointed as Knights
Peerages in the United Kingdom peers have been elected, though sitting members retained their seats for life. Apart from hereditary peerages, there exists peerages that may be held for life and whose title cannot be passed onto someone else by inheritance. The Appellate Jurisdiction Act 1876 and the Life Peerages Act 1958 authorise the regular creation of life peerages, with the right to sit in the House of Lords. Life peers created under both acts are of baronial rank and are always created under letters patent. Since the loss of the right of hereditary peers to sit in the House of Lords as a result