• In 1551 he was receiving £4 per annum wages from Bishop Gardiner with a further £14 annuity comprising £4 from the manor of Taunton and £10 from
East Mere (
sic) (probably East Meon in Hampshire), both episcopal possessions. • On 10 March 1554 Queen Mary granted him the wardship and marriage of his nephew
Arthur Bassett (1541–1586), together with an annuity of £20 payable from his estates. • On 10 March 1555 "in consideration of his service" and addressed as "Gentleman of the Queen's Privy Chamber" he received from Queen Mary a 30-year lease of lands previously held by Sir
Peter Carew (c. 1510–1575), of
Mohuns Ottery, Devon, MP, attainted of high treason. • On 12 May 1555 he was granted by Queen Mary a 30-year lease (in
free socage for a rent of £29 3s per annum) of the
escheated manor and lordship of
Great Torrington,
caput of a
feudal barony, in North Devon. The grant included Town Mills, all markets and fairs with their profits, various local woodlands and "all other lands and franchises belonging either to the lordship, the borough or the town". • In 1556, having received the wardship of his nephew Arthur Bassett, he received a lease of many of his lands. • In February 1556 he acquired an 80-year lease for the rent of 40 shillings per annum from the parson of
St Clement Danes of the
townhouse in London next to the
Savoy Hospital, built and formerly occupied by Sir Thomas Palmer, attainted of high treason for seeking to elevate Lady
Jane Grey to the throne. • On 15 April 1557 he received a grant of the reversion of the office of keeper of Goodmanshide Park at Hunsdon, Hertfordshire and of keeper of the manor and parks of Hunsdon and of steward and bailiff of the
honour and lordship of Hunsdon and Eastwick in Hertfordshire. • On 21 May 1557 Basset received a 40-year lease at the annual rent of £200 of various lands and manors being the eventual inheritance of his nephew Arthur Basset, a minor. The grant was made "at the special suit and petition of Arthur Basset, esquire, now under the age of 21...upon petition of James Basset esquire, one of the gentlemen of the Queen's privy chamber, and in consideration of James Basset's services". The lands included: • In Devon: Heanton Punchardon, Bulkworthy, Riddlecombe, Heanton Forinseca, Beaford and Mershe and Bickingholt in Devon; the
advowsons of Atherington, Bickington, Parkham, Landcross in Devon • In Gloucestershire: Frampton Cottrell, Westonbirt, Ablington and Sandhurst, and the reversion of other manors. • In Wiltshire: Asserton • In Somerset: the reversion of various manors • On 10 August 1557 James Basset received royal licence to keep a
retinue of 20 persons "over and besides all such persons as daily attend upon him in his household"..."and to the same to give him livery,
badge or cognizance", and was pardoned for any offences previously committed by him against the
Act of Retainers. • In 1558 in conjunction with Ralph Cholmley (c. 1517–63), of London, MP, he acquired over £2,000 worth of property in Devon. ==Death and burial==