After his death in 1862, Hope's wife Anne inherited the estate. Soon after 1887 the Castle and demesne fell to the next heir, Hope's grandson Lord Francis Hope (1866–1941), who was famous for having sold the renowned family heirloom, the 'Hope Diamond'. Rather like his father The 6th Duke of Newcastle-under-Lyne, Lord Francis lived very extravagantly and, despite his once vast family fortune, was declared bankrupt in 1896. From 1894 to 1902, he was married to May Yohé, the American actress. After 1916 Lord Francis no longer resided in the Castle or in Ireland. He succeeded his elder brother to become The 8th Duke of Newcastle-under-Lyne in late May 1928.