A poll by United Trust Bank shows that 57 per cent of brokers asked cannot see a Brexit deal being agreed by 29 March.
In contrast, 31 per cent believe a deal can be achieved by the deadline unless an extension to the two-year Article 50 timeline is agreed.
Well over half, 62 per cent of the brokers surveyed, said they would not have voted for Theresa May’s original Brexit deal, presented on 15 January, which included the Northern Ireland ‘backstop’, while 22 per cent said they would have done.
United Trust Bank group managing director Harley Kagan (pictured) comments: “With less than two months until the UK must leave the EU under Article 50, it looks as though Brexit negotiations are going to go down to the wire.
“One side will have to concede some ground or risk a ‘no-deal’ Brexit, which all sides appear to agree would be the worst outcome for everyone.
“It’s worth remembering that the majority of businesses do not have a trading relationship outside of the UK.
“Although parts of the UK have seen a cooling of activity in the residential property market, there are areas experiencing a strong demand. The UK’s housing shortage will not disappear overnight,” he adds.