It is possible that this MP was related to William Walters†, the wealthy cloth merchant who had represented Salisbury in the Parliament of 1399 and subsequently served as mayor. He was long remembered as a benefactor of the city.
Yet even if this William was the future representative for Old Sarum, no firm details about his career have been discovered. Nor is there any evidence to identify him with the pouch-maker of London who before May 1444 married Joan, widow of John Wakefield, thereby acquiring for life property in London including an inn known as The Belle, and shops and other buildings in Lombard Street.
