Cholsey was named in the 1125 foundation charter of Reading Abbey as one of three abbeys which had been destroyed on account of their sins, and their possessions given to Reading by Henry I to finance the new foundation. In Cholsey's case this meant retrieving the church from the Abbey of Mont-Saint-Michel, which held it from the king, along with two priests, at the time of the Domesday Survey. Mont-Saint-Michel received lands in Budleigh, Devon, in exchange, and at the same time alienated demesne land in Cholsey was retrieved from various tenants.