Lower, Mark A (1860) Patronymica Britannica: a dictionary of the family names of the United Kingdom. London: J.R. Smith. Public Domain.
We don't have any stats on how common this name is. This is probably because it's very rare in the UK.
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The Lovet surname in historical dictionaries
Patronymica Britannica (1860)
LOVET. LOVETT. Eicardus Lovet is said to have come hither at the Conquest, accompanied by his two sons, William and Robert. The elder held in capite, by the Conqueror's grant, lands in cos. Bedford, Berks, Leicester, and Northampton. From the XIV. century the family have been principally connected with the county of Buckingham, where as knights and gentlemen of good estate they have possessed Liscombe from generation to generation. Tlie late Sir Jonathan Lovett was created a baronet by king George III. on the following occasion : " In the summer of 1781, the Earl of Chesterfield, having been some time absent from Court, was asked by the King, where he had been so long 1 ' On a visit to Mr. Lovett of Buckinghamshire,' said the Earl. AhP said the King, 'is that Lorctt of Liscomltc ? They are of tlie gen uine old Korman breed; how happens it that they are not baronets 1 Would he accept the title ? Go, tell him that if he'll do so, ifs much at lais service: they have ever been staunch to the crown at a pinch !' "