What happened to the monasties when Henry closed them?

Answer 1

For the most part they were sold to wealthy private buyers amongst the Nobility and Gentry! Both Catholic and Protestant bought them! The money went in to the Kings Coffers, while the monks and nuns obtained pensions and carried on some sort of religious life,quite often.

Some monasteries were turned in to schools and other monies gained from the monasteries went to pay the cost of bishoprics that were formed.

Answer 2

In England, under Henry VIII, the monasteries were disbanded, their lands and buildings, precious Church treasures and books were confiscated by the crown, and the monks and nuns were turned out on the street.