February 2008: David Warnes, Director of the Repossessions Advice Centre featured on midday Sky News discussing the latest report from the Council of Mortgage Lenders, which has said 27,100 homes were taken back by lenders last year.

David Warnes reported, “With people coming off cheap mortgage deals in a period of low lending we expect numbers of repossessions to dramatically increase. We would actively encourage people to learn how to budget and prioritize the important debts, for example mortgage payments rather than unserured debt."

Read the full story here