Initially intended to assess the value of church properties, the Valor Ecclesiasticus of 1535 reckoned the net annual value of Haughmond at £259 13s. 7¼d. The annual income at dissolution was actually reckoned at more than £350, as the new estimate included the abbey site and the granges of Homebarn and Sundorne, missed in earlier calculations. There was a £200 threshold set by the Dissolution of the Lesser Monasteries Act of 1536, which left Haughmond and Lilleshall in being. However, the precedent and the storm of criticism unleashed by the dissolution of the majority of religious houses intimidated many of the more successful institutions into surrender. Haughmond took this step in 1539, the year before the Second Act of Dissolution. The commission to dissolve the abbey was issued from Woodstock Palace on 23 August 1539 and signed by Thomas Cromwell. A deed of surrender was drawn up on 19 September. The abbot, Thomas Corveser, the prior, John Colfox, and nine canons signed it by 16 October, acknowledging Henry VIII as supreme over the Church of England on earth. Each of them received a generous pension: the abbot £40 a year, the prior £8, and the canons either £5 6s. 8d. or £6 each. Two canons did not sign, William Rolfe who received a pension of £7, and Richard Doone, who received only 40 shillings.