Buckingham Palace forms the architectural core of the palace was built for the first Duke of Buckingham and Normanby in 1703 to the design of William Winde. The style chosen was of a large, three-floored central block with two smaller flanking service wings. Buckingham House was eventually sold by Buckingham's natural son, Sir Charles Sheffield, in 1761 to George III for £21,000. Sheffield's leasehold on the mulberry garden site, the freehold of which was still owned by the royal family, was due to expire in 1774. Under the new Crown ownership, the building was originally intended as a private retreat for King
Buckingham Palace entertained at garden parties, receptions, audiences, and banquets. Three garden parties are held in the summer, usually in July. The forecourt of Buckingham Palace is used for Changing of the Guard, a major ceremony and tourist attraction (daily from April to July; every other day in other months). The palace, like Windsor Castle, is owned by the reigning monarch in right of the Crown. It is not the monarch's personal property, unlike Sandringham House and Balmoral Castle. Many of the contents from Buckingham Palace, Windsor Castle, Kensington Palace, and St James's Palace are part of the Royal Collection, held in