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Beginners => Family History Beginners Board => Topic started by: heathwaite on Thursday 13 October 11 10:29 BST (UK)
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Does anyone know how ordinary working people bought property in the 19th century?
I have an ancestor who would have been of very modest means in the mid 1800s - he would have probably needed parish relief during the cotton famine - who owned several properties by the end of the century. His prospects had improved as he was working as the landlord of a beerhouse but even so he is not likely to have had much capital. How was the purchase funded?
Any help or pointers to references would be appreciated
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Through a Building Society? http://www.bsa.org.uk/faq/startbuildingsociety.htm
Stan
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I know a story of one ancestor who was a landlord of a pub who gained property as repayment for a gambling debt ;D
Not saying this happened in your ancestor's case but it's food for thought ;D
Carol
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Did building societies exist in the 1870/80s? - I thought they were a more recent creation
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Did building societies exist in the 1870/80s? - I thought they were a more recent creation
The first known building society was formed in 1775 in Birmingham
See http://www.bsa.org.uk/faq/startbuildingsociety.htm
Stan
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Thanks for that input - you tend to think of buy to let as being modern but in reality it isn't. I'll have a look in the trade directories for Wigan in that period to see if any societies are mentioned.
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There are twenty two Building Societies listed in Slater's Directory of Manchester and Salford, 1863.
Stan
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I must be invisible :-\
Carol
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Hello Carol ;)