No. It is a proper noun which means that it should always be capitalized. You should always right it as Buckingham Palace.
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Buckingham House was built for the Duke of Buckingham. When royalty started living there, they enlarged it and called it Buckingham Palace.
In Buckingham palace there used to be 40 elevators and they put another 60 elevator so now there are 100 elevators in Buckingham palace
Buckingham Palace
Over 800 members of staff are based at Buckingham Palace
Buckingham Palace was called Buckingham House after the Duke of Buckingham who built the original building.