The first distinction he received was conferred a short time before Henry's coronation, which took place in October, 1485. Three of the king's highest adherents received patents of nobility, and twelve others were created Knights-Banneret; among these Sir John Cheney stood second on the list. He was also soon after created a Knight of the Garter, being the two hundred and thirty-seventh in the succession, and Dodsworth says, "it was on St. George's Day preceding the coronation, and that he sat at the first table in the right aisle of St. George's Hall, Windsor." At the end of the first Parliament, toward the end of the year, the king called him to his Privy Council.
But the most considerable honour yet awaited him, which took place in 1487, when by writ of summons dated the first of September in that year he was raised to the dignity of a Baron, and summoned to Parliament as such from that period to the 14 October, 1495. He held the office also of Royal Standard-Bearer to Henry VII.
In 1487, John de la Pole, Earl of Lincoln, "a man of talents and enterprise, nephew to Edward IV., Richard III., and Margaret, widow of Charles the Bold, Duke of Burgundy," Henry's uncompromising and implacable enemy, accompanied by Francis, Viscount Lovel (who had been Lord Chamberlain to Richard III.) Fitz-Gerald, Earl of Kildare, the redoubtable Martin Swartz, with a large contingent of veteran Germans, and Irish, having crossed over from Ireland, landed on the fourth of June at Fourdrey in Furness in Lancashire. There they were joined by Sir Thomas Broughton, and the English adherents, and with this motley army was Lambert Simnel, and his tutor Richard Simons the Oxford priest; they marched into Yorkshire, and thence bent southward to Newark. Henry had assembled as numerous an army as he could muster and marched to Nottingham, but was not in sufficient force to give his antagonists battle. There he was reinforced by the Earl of Derby and a body of troops, and also by Talbot, Earl of Shrewsbury, Lord Strange, Sir John Cheney, "and other knights and gentlemen at least three score," bringing with them large additional forces. The king succeeded in occupying Newark before the Earl of Lincoln could reach it, and advanced to East-Stoke, about three miles south of Newark. Here the determined battle of Stoke took place on the sixteenth of June; the Germans fought with great determination, but the Earl's forces were totally routed and all their leaders, except Lord Lovel, slain, fighting to the last sword in hand.
Lord Lovel is reported to have escaped, and his fate has been enshrined in a halo of romance. By some he is said to have been killed in the battle, by others "that he fled and swam over the Trent on horseback, but could not recover on account of the steepness of the bank, and so was drowned in the river." But there is also this remarkable story of his disappearance,—
"On the 6th of May, 1728, the present Duke of Rutland, related in my hearing, that about twenty years there before, in 1708, upon occasion of new laying a chimney, at Minster Lovel, there was discovered a large vault or room under ground, in which was the entire skeleton of a man, as having been sitting at a table, which was before him, with a book, paper, pen, &c., &c., in another part of the room lay a cap all much mouldered and decayed. Which the family judged to be this Lord Lovel, whose exit, has hitherto been so uncertain." (Banks.) While another account adds, "that the clothing of the body, seemed to have been rich; that it was seated in a chair, with a table and mass-book before it; and also that, upon the admission of the air, the body soon fell to dust." (Gough.)
Previous to the battle another honour was conferred on him,—for among the "Banerettes made by the Kinge at the batell of Stoke besydes Newarke-upon-Trent the IX. day of June Anno Sec'do, whereof the first three wer made before the batell,"—the second name occurring is that of Sir John Cheney. (Metcalfe.)
In 1488 Sir John "received orders with other persons in Hampshire to levy archers for the relief of Brittany then threatened by the French," and in 1492 appears to have accompanied Henry's grand expedition to France, the flotilla being under the command of Lord Willoughby de Broke, as Admiral of the Fleet, and with Lord Daubeney as one of the principal commanders and ambassadors.
Here again money, and not the sword, decided the fortune of war, and it is curious, that one of the articles of this treaty of Etaples should be, that "the king of France (Charles VIII.) should pay the king of England the arrears of the yearly pension of fifty thousand crowns paid by Louis XI. to Edward IV., amounting in all to one hundred and twenty-five thousand crowns, which is twenty-five thousand pounds sterling."
This was the payment of the old debt contracted by the French king in 1475, to Edward IV., who was also to have the English king's daughter Elizabeth for his wife. Now, however, Henry was married to the lady instead, but he did not forget, when opportunity offered, to press for the arrears of the pension, due to her late father. Sir John Cheney was credited with getting a little plunder out of the first transaction in 1475, and it is probable that he did not come empty-handed out of this, the second, although he does not seem to have been one of the English ambassadors chosen to meet the astute Marshal d'Esquerdes.
No further record appears of Lord Cheney's services, and he died without issue in 1496, when the title became extinct. He devised his estates to his nephew Sir Thomas Cheney, of Toddington, Bedfordshire.