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The King additionally privately owns Sandringham House in Norfolk and Balmoral Castle in Aberdeenshire, which are his private property, inherited from Elizabeth II. The Palace of Holyroodhouse and Hillsborough Fort function official royal residences when the monarch is in Scotland or Northern Eire, respectively. Both Buckingham Palace and Windsor Castle, the monarch’s weekend house in Berkshire, are used to host state visits. The monarch also receives the income of the Duchy of Lancaster, and the Prince of Wales receives the income of the Duchy of Cornwall. Senior members of the royal household, who represent the monarch, draw their earnings from public funds often identified as the Sovereign Grant, an annual cost of the British authorities to the monarch. Given the royal family’s public position and actions, it is sometimes referred to by courtiers as “The Agency”, a time period that originated with George VI.
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