Earlier quoted context omitted.
It seems like there are two groups of lords, one group has been heavily shown in the media(think Downton Abby or the aristocratic family having to sell or have tours of their estate). The other set of lords is not really shown in media and they are large landowners in London and other cities in Britain and are extremely wealthy and powerful, see the Grosvenor family - https://en.wikipedia.org/wiki/Hugh_Grosvenor,_7th…
Not really. You don’t have to be a landowner or an aristocrat to become a lord. The ‘Downtown Abbey’ style lords, called ‘hereditary peers’ are on their way out, there’s not many left. Most peers are appointed by the government of the day supposedly as a result of doing something useful for the country as a whole. I think that certain members of the clergy become peers by default, likewise top judges, ‘The Law Lords’…
https://inews.co.uk/news/long-reads/aristocrat-uk-britain-fa...
> Separate research last year confirmed that just under a third of all land in England and Wales is owned by members of the aristocracy