[quote name='bassfan41' timestamp='1446844086' post='2902944']
Thanks for the responses guys. All good information. I will take the advice of trying and oiling it up first and see if this helps. If not, I will take it back to the store. This is when I'm happy I don't buy over the interweb. I hear you on the lineless, bassman7755, that's in the future budget.
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If it's the Squier VM fretless then oiling won't help, the fingerboard isn't wood, it's a phenolic resin type material, ebonol, as others have already mentioned. This problem with raised fretlines has been noted by some owners of the Squier VM fretless though I don't know how common it is nor if it was just a particular batch affected by the issue. I'd be inclined to take it back to the shop and show them what's happened.