Comment: Don’t overlook product transfers Go all out for repeat business from clients whose loans mature this year By Bob Hunt 19 th February 2021 12:02 pm If you want an idea of the importance of product transfers in the UK market, let me refer you to the Mortgage Market Forecast issued by UK Finance — to very little fanfare — prior to Christmas. With the year not quite over, the trade association predicted gross mortgage lending of £233bn for 2020, £215bn for 2021 and £230bn for 2022. However, it anticipated PT business to be a not-insubstantial £174bn in 2020, and predicted it to rise to £181bn in 2021 and £187bn the year after.