Henry VII - What sources of royal revenue did henry have? - RG2 Flashcards
In 1486 Henry used which act to reclaim all Crown lands granted away since the start of the War of the Roses?
Act of Resumption
Who was the country’s largest landowner
Henry was by far the country’s largest landowner
What was Henry’s income from crown lands at the start of his reign?
12 000 per year
What was Henry’s income from crown lands at the end of his reign?
42 000 per year
Why did Henry exploit feudal payments?
For financial and political purposes
Henry increased his demand for payments from who?
The nobles
What was Henry’s income from wardships in 1487?
£350 per year
What was Henry’s income from wardship in 1507?
£6000
Which post did Henry create to help manage his increased funds from wardship?
Surveyor of the Kings wards (wardship)
How much did Henry receive from Parliament in 1504 for the knighthood of Prince Arthur (who had died in 1502) ?
£30 000
What was Henry’s income from customs duties at the start of his reign?
£34 000 per year
What was Henry’s income from customs duties at the end of his reign?
£38 000 per year
What did Henry increase the use of throughout his reign?
Fines and attainders
Sir William Stanley’s attainder brought an immediate payment of what sum?
£9000
Sir William Stanley’s attainder involved the payment of how much to the crown annually?
£1000 annually
