Besotted royal-watchers across the world were treated to their first glimpse of Britain's new prince on Tuesday (July 23) as his parents, Prince William and his wife Kate left the hospital. Kate, 31, gave birth to the couple's first child, who is third in line to the British throne, on Monday (July 22) ending weeks of feverish anticipation about the arrival. The baby's name will be announced later. George and James, both traditional royal names, were favored choices with British bookmakers for the child who is destined to be king one day. Kate and William adhered to tradition by giving the public the first sight of the royal baby on the steps when they leave St Mary's in west London - just as William's father Prince Charles and late mother, Princess Diana, did with him. The couple, who have been living in a cottage in north Wales where William is based as a Royal Air Force helicopter pilot, will eventually take up residence with their baby at Apartment 1A at London's Kensington Palace, William's childhood home, when a one million pound refurbishment is completed later this year.