He was educated at
St Paul's School, London. As a law student at
Lincoln's Inn, he alienated his father by extravagance, and by marrying Joan Young, seventh daughter of Henry Young of
Buckhorn Weston in
Dorset who brought him no fortune. Perceval went to Spain, and lived there for four years till his wife's death; he then returned to England, and vainly sought reconciliation with his father. Through his friend Roger Cave of Stamford, who had married
Lord Burghley's sister Margaret, he was introduced to the lord treasurer. The queen rewarded him with a pension, and later with a place in the
Duchy of Lancaster; and Burghley, when his son
Robert Cecil became master of the
court of wards, made him "secretary" of the court. Success won back for Perceval his father's favour, and he inherited a substantial income from property. At the end of the queen's reign, he was sent to Ireland to see if the court of wards could be extended there with profit to the crown; but his report was unfavourable. In 1603–4 he sat in parliament for
Richmond in Yorkshire, and took some part in commercial matters of trade and revenue, and in the business of the
union with Scotland. In 1610, on
Sir William Fleetwood's disgrace as receiver-general of the court of wards, the office was vested in commissioners, of whom Perceval was one. On the death of his patron Cecil, earl of Salisbury, on 24 May 1612, Perceval lost all his posts in England; but on a new settlement of the court of wards being projected in Ireland, he was made registrar or clerk of the court in 1616. He now sold a major part of his patrimony, and invested in purchases and mortgages in
County Cork. In 1618 he returned to England to secure his appointment against the claims of a competitor, and, though obliged to resign part of his salary, he saved his post and obtained a discharge of all his debts to the crown. In 1609 Perceval was on the list of members of the
Virginia Company, incorporated on 23 May of that year, and in 1610 he was a donor to the supply of the plantation begun in Virginia. ==Marriages and children==