10 January 2019
The annual Shawbrook Broker Barometer reveals a positive sentiment for 2019
Despite commercial mortgage brokers surveyed citing Brexit as one of the biggest issues likely to impact their clients in 2019, respondents remained upbeat about the year ahead, according to Shawbrook Bank’s Broker Barometer. With a buoyant outlook, almost seven in ten (69%) stated that they feel confident about the lending environment in the New Year.
Other key findings from Shawbrook’s Broker Barometer:
Emma Cox, sales director for Commercial Mortgages comments: “Whilst Brexit still seems to be driving some uncertainty amongst the broker community, it’s encouraging to see from our research there is still confidence in the market looking at the year ahead. As outlined in Shawbrook’s latest BTL Report, professionalisation of the industry seems to be underpinning activity and continues to present a great deal of opportunity. We see professional investors and landlords working closely with brokers to build a sustainable business plan designed to withstand uncertainty, and in our view the BTL space remains fundamentally robust.”
*Shawbrook Broker Barometer 2019 – Survey with 108 respondents that took place in November 2018
**Shawbrook Broker Barometer 2018 – Survey with 211 respondents that took place in November 2017