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P272 Information

P272 Information

Nick Proctor
Nick Proctor

The introduction of terminology in the previous sentence is important to take note of; if you take a ?pass-through? contract you are effectively open to changes in costs being passed on to you in your bill as they land; it?s a bit like having a tracker mortgage for your house. When the interest rates change your mortgage also changes; you get the benefits of interest rate cuts and are exposed when the interest rates go up.

Further information on this change