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Lord Sells Mortgage

Lord Sells Mortgage


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Lord Sells Mortgage

An impecunious Lord sells his mortgage to a money lender

Mary Evans Picture Library makes available wonderful images created for people to enjoy over the centuries

Media ID 615362

© Mary Evans Picture Library 2015 - https://copyrighthub.org/s0/hub1/creation/maryevans/MaryEvansPictureID/10097576

1773 Lender Lenders Money Mortgage Sells


EDITORS COMMENTS
This evocative print, titled 'Lord Sells Mortgage,' depicts a pivotal moment in the history of lending and real estate transactions. Dating back to 1773, the image captures the essence of a desperate and impecunious nobleman selling his mortgage to a money lender. The scene unfolds in a dimly lit room, where the lord, dressed in tattered finery, sits at a table, his head bowed in despair. Across from him, a sharp-eyed money lender, clad in a well-tailored suit, leans over the contract, a sly smile playing on his lips. The mortgage system, which originated in medieval Europe, had become an integral part of the economic fabric of the time. However, for the impoverished nobleman, it had become a source of immense distress. Unable to meet his financial obligations, he was forced to sell the mortgage, thereby relinquishing control over his property. This transaction marked a significant shift in the power dynamics between the lender and the borrower, a trend that would continue to shape the financial landscape for centuries to come. The print, produced by an unknown artist, offers a fascinating glimpse into the past, providing valuable insights into the historical context of lending and mortgage practices. It serves as a poignant reminder of the human stories that lie behind the dry statistics and legal jargon of financial transactions. The image, with its intricate details and evocative atmosphere, invites viewers to delve deeper into the complex world of 18th-century finance and the struggles of those who navigated it.

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