By 1539 he was a gentleman of the
privy chamber, and in the same year was elected
MP for the seat of
Huntingdonshire. In 1539, or early 1540, at the age of thirty, he may have been the subject of a portrait by
Hans Holbein the Younger. He was knighted on 2 May 1540 during a tournament at
Westminster where he distinguished himself by his military skill and gallantry: in the time of Henry VIII Sir Richard and the five other challengers were granted 100 marks annually as a reward for their valour and a house each from the estates of the monastery of the
Friary of St Francis, in
Stamford, which had been dissolved on 8 October 1538, grants which were made possible by the fact that Sir
William Weston, the last prior, who had an annuity out of the monastery, died two days after the jousts. According to an anecdote reported by Noble, "when Henry saw Sir Richard's prowess he exclaimed, 'Formerly thou wast my Dick, but hereafter thou shalt be my diamond'; and dropped a diamond ring from his finger, which Sir Richard taking up, he presented it to him, bidding him afterwards bear such a one in the fore gamb of the demy lion in his
crest". The fall and execution of Sir Richard's uncle Thomas Cromwell, 1st Earl of Essex, in July 1540, apparently had no adverse effect on his social standing or private fortune. He was appointed
High Sheriff of Cambridgeshire and Huntingdonshire in 1541, and was again returned as the Member of Parliament for Huntingdonshire in the parliament which began 16 January 1542. He received a grant from the King in 1542 of
Huntingdon Priory and
St Neots Priory, with yearly revenues of £232 7s. and £256 1s. 3d. respectively. In addition he was at some unknown date He also received the priory of
St Helen Bishopsgate in London, the castles, lordships, and manors of
Manorbier and
Penally, both in the county of Pembroke, valued at £100, to be held by knights' service, and
Neath Abbey in Glamorgan, which he chose to obtain by exchange for other lands, possibly because it was close to his birthplace. ==War in France==