Lovelace’s grandfather, a man of obscure Berkshire origin, bought Hurley in 1545, and sat for Reading in 1554.
Lovelace’s relationship to the Hydes may have furthered his return for Abingdon to the first Jacobean Parliament, as may his sister’s marriage to the son of a former Member for the borough, Richard Beake.
In 1612 Lovelace made a modest investment of £25 in the Virginia Company. At about this time he arranged, with his wife and his mother-in-law, to purchase 800 acres of land in Kent for £6,000 from Sir John Kennedy, but withdrew, either because (in Kennedy’s version) he was ‘touched in conscience’ on finding that the property was worth more, or because he had heard that Kennedy was not a safe man with whom to do business.
In 1622 Lovelace was summoned before the Privy Council to account for his failure to contribute to the Benevolence.
