 Mortgages and the English Peasantry c.1250–c.1350Chris Briggs ()
Chapter Chapter 2 in Land and Credit, 2018, pp 17-45 from Palgrave Macmillan Abstract: Abstract This chapter investigates the extent to which medieval English peasants mortgaged their land to secure credit. Its focus is on customary or villein land, whose holders owed servile obligations such as labour services in addition to cash rent. The chapter confirms the view, derived from the existing literature, that the employment of land or other real property as collateral was much less widespread in medieval English agrarian society than it was in this period in other regions of Continental Europe. Possible reasons for this contrast are explored, as well as its implications for financial development. It is concluded that the rarity of mortgages in the English customary landholding sector was the result of a combination of factors, connected with property rights and the strictness of the terms and conditions of most mortgages. Close investigation is also undertaken of circumstances in the small number of English communities where mortgaging is found to have been more common. Keywords: Mortgage; Property rightsProperty Rights; Chris 2009a; Court's Role; Conditional Transfer (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:psitcp:978-3-319-66209-1_2 Ordering information: This item can be ordered from DOI: 10.1007/978-3-319-66209-1_2 Access Statistics for this chapter More chapters in Palgrave Studies in the History of Finance from Palgrave Macmillan |
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