A property expert that has been working in Merseyside for almost 30 years has said a slump in house prices will be "far less painful" than people are expecting and could actually benefit first time buyers.
James Kersh trained as a chartered surveyor and had a spell in residential sales before settling into commercial property sales and lettings. He now heads up Sutton Kersh Auctions, selling millions of pounds worth of property across Liverpool and beyond each year.
In 2023, he told the ECHO he expects house prices to "soften slightly" as the market adjusts to increased interest rates, but it won't be the major blow everyone is expecting.