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Jaco Zuijderduijn . Photo

Jaco Zuijderduijn

Senior lecturer

Jaco Zuijderduijn . Photo

Real estate and mortgage finance in England and the Low Countries, 1300-1800

Author

  • Christiaan Van Bochove
  • Heidi Deneweth
  • Jaco Zuijderduijn

Summary, in English

Mortgage markets in developing economies, both past and present, are often confined to social networks between private individuals. The inadequate registration of ownership of and encumbrances on borrowers' real estate has been offered as a reason for this, but it is questionable whether such registration provides either a simple or a complete explanation. This paper analyses mortgage markets between 1300 and 1800 in the Low Countries, where such registration was organised well, and England, where such registration was poorly organised. These historical cases show that registration was important for the emergence of broad mortgage markets but in the historical context successful markets took considerable time to appear. The rise of such markets also required changes in the mortgage laws and often depended on intermediaries for matching borrowers and lenders.

Publishing year

2015-05-05

Language

English

Pages

9-38

Publication/Series

Continuity and Change

Volume

30

Issue

1

Document type

Journal article

Publisher

Cambridge University Press

Topic

  • Business Administration

Keywords

  • economic history
  • mortgage lending
  • ownership
  • property market

Status

Published

ISBN/ISSN/Other

  • ISSN: 0268-4160