The latest United Trust Bank (UTB) broker sentiment poll revealed that almost two-thirds of brokers (63%) felt that the European Commission was in control of Brexit talks, while 24% felt that the negotiations were evenly balanced.
The remaining 3% did not know.
Harley Kagan, group managing director at United Trust Bank (pictured above), said: “Since the EU referendum result was announced, UTB has taken the view that Brexit would increase uncertainty and that we all needed to adapt to it.
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“At the moment, we appear to be making very little headway on very important issues, such as trade and the free movement of labour, both of which could have a considerable impact on UK PLC.
“Whether you believe that Brexit, a slowing economy, cooling house prices or any other factor beyond our direct control will bring opportunity or failure, you’re probably right.”
UTB’s October survey canvassed the views of over 140 intermediaries in the property and asset finance markets.
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