Over half of brokers believe they are in for a "challenging" year while 54 per cent admitted they failed to meet their targets for 2020.
However, other advisers reported a more successful year in the United Trust Bank (UTB) end of year broker sentiment poll, as 23 per cent of respondents said they exceeded their targets and a further 23 per cent achieved their goals.
Meanwhile two-fifths said they were excited to see what 2021 would bring for their business.
Changes to working habits are expected to continue after the pandemic, the survey also revealed.
Some 69 per cent of brokers said they wanted to be more mindful of their work-life balance in the future and 49 per cent planned to increase their work from home flexibility.
Harley Kagan, chief executive of United Trust Bank, said: “The Covid-19 pandemic continues to create challenge and uncertainty but it’s encouraging to see that 46 per cent of property and commercial finance brokers overall achieved or exceeded their 2020 targets and many are looking forward to this year with enthusiasm.”
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS
