Brexit uncertainty is the biggest challenge for Brokers

That’s one of the findings of United Trust Bank’s most recent broker sentiment survey

What do you believe will be the key challenges affecting your ability to reach your business goals this year?
Uncertainty over the longer-term effects of Brexit 41%
A shortage of experienced and knowledgeable staff 25%
The time/resources I or my business has to commit to managing regulation 21%

Harley Kagan, Group Managing Director of United Trust Bank, commented:

“The results of this survey demonstrate just how many challenges brokers and lenders have in common. Brexit uncertainty, recruiting the right staff, the increasing burden of regulation; we’re all in the same boat and we must try to ensure that we’re all rowing in time. UTB actively supports UK SMEs and smaller house builders, and we believe the best way to show our confidence in UK PLC surviving and thriving through Brexit is to keep providing the funds which enable our vibrant SME sector to invest and grow and for builders and developers to construct thousands of much needed new homes.”