In 1289 a charter was granted the monks the right to hold a market in Glossop each week. At first it was on Wednesdays, but it soon changed to Mondays; there was also a three day fair in July - traders might come from all over the north-west to that. The market and fair brought a certain amount of income for the monks in fees and fines, but would also bring more chance of prosperity to the people of the Glossop area by giving them the opportunity to buy and sell.
All over the country they developed sheep farming, and by the end of the middle ages England's wool was its chief export. The Basingwerk monks probably encouraged the people of Glossopdale to increase wool production too, making both monks and villagers richer.
Even so, it is likely that in 1500 and possibly even in 1600, there was only one stone building in the village building in the village
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