Business performance exceeded expectations in 2012 for 36% of UK brokers working in the bridging, development finance and asset finance sectors, according to research from the United Trust Bank.
A further 43% of brokers said their business performed as well as expected, however, 19% described 2012 as ‘a struggle’ and 2% described the year as a ‘disaster.’
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When asked about the outgoing Bank of England governor, Sir Mervyn King, 63% of brokers felt he had performed his duties well compared to 21% who felt he had not, and 16% who were undecided.
Harley Kagan, managing director of United Trust Bank, said: "It’s encouraging to see that despite the sluggish performance of the UK economy the majority of brokers have enjoyed a reasonably successful year.
"From experience we’ve seen many brokers seizing the opportunity to offer their services to the many customers who’ve found that borrowing from their high street bank is nowhere near as easy as it used to be."
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