No, that is incorrect. A lordship is a specific honorific that is given to members of the House of Lords. Monckton is not, and never has been, a member of the House of Lords.
That alone should tell you that the man is a complete doofus.
I'm giving you the link to wiki because that seems to be the limit of your understanding. Monckton is an "hereditary peer" in other words he inherited the title and the sobriquet of "Lord".
Not that you could ever understand something that complex....
Christopher Monckton, 3rd Viscount Monckton of Brenchley
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The Right Honourable
The Viscount Monckton of Brenchley
OStJ
photograph
In Washington, D.C. (January 2010)
Personal details
Born
14 February 1952 (age 61)
Political party
UK Independence Party
Spouse(s)
Juliet Mary Anne Malherbe Jensen
Relations
Rosa Monckton (sister), Timothy, Jonathan and Anthony (brothers)
Parents
Major-General Gilbert Monckton (deceased) and Marianna Letitia Bower
Alma mater
Churchill College, Cambridge
University College, Cardiff
Occupation
Politician, journalist
Religion
Roman Catholicism
Christopher Walter Monckton, 3rd Viscount Monckton of Brenchley, SMOM (born 14 February 1952) is a British public speaker[1] and hereditary peer. He is known for his work as a journalist, Conservative political advisor, UKIP political candidate and for his invention of the mathematical puzzle Eternity.[2]
Early on in his public speaking career topics centred on his mathematical puzzle and conservative politics.[1] In recent years his public speaking has garnered attention due to controversial views on climate change,[3][4][5][6] the European Union[7] and social policy.
Christopher Monckton, 3rd Viscount Monckton of Brenchley - Wikipedia, the free encyclopedia