Liberty of the Savoy in the context of "Savoy Hospital"

The Duchy of Lancaster is an estate of the British sovereign. The estate has its origins in the lands held by the medieval Dukes of Lancaster, which came under the direct control of the monarch when Henry Bolingbroke, the then duke of Lancaster, ascended the throne, as Henry IV, in 1399. In 1461 King Edward IV confirmed that the Duchy would be inherited by the monarch, but held separately from the Crown Estate, the other assets which belong to the monarch.

The Duchy consists of a portfolio of lands, properties, and assets held in trust for the sovereign. The principal purpose of the estate is to provide a source of independent income. The Duchy consists of 18,433 ha (45,550 acres) of land holdings, including rural estates and farmland, urban developments, historic buildings, and commercial properties across England and Wales, particularly in Cheshire, Staffordshire, Derbyshire, Lincolnshire, Yorkshire, Lancashire, and the Savoy Estate in London. As of the financial year ending 31 March 2022, the estate was valued at £652.8 million (approximately £695 million in 2023). The net income of the duchy is paid to the reigning sovereign and amounts to about £24 million per year (approximately £25.5 million in 2023).

The Savoy Palace, considered the grandest nobleman's townhouse of medieval London, was the residence of prince John of Gaunt until it was destroyed during rioting in the Peasants' Revolt of 1381. The palace was on the site of an estate given to Peter II, Count of Savoy, in the mid-13th century, which in the following century came to be controlled by Gaunt's family and then the monarch by right of the Duchy of Lancaster. It was situated between the Strand and the River Thames. French monarch John II of France died here during his "honourable captivity", after an illness. In the locality of the palace, the administration of law was by a special jurisdiction, separate from the rest of the county of Middlesex, known as the Liberty of the Savoy.

The Tudor-era Savoy Chapel is located on the site of the former palace and has carried on the name. The name is also carried on by the Savoy Theatre and Savoy Hotel also located on the former estate.