Two tenants have expressed concerns about their living arrangements as a result of the current economic climate.

According to Chris and Siobhan Taylor, their landlord is behind on his mortgage repayments by tens of thousands of pounds.

Speaking to the Daily Mail, they revealed that they are now feeling very vulnerable, as the property could potentially be repossessed.

Ms Taylor commented: "We face losing all our money and our deposit, or having to go to court, should the lender want to repossess during our one-year tenancy."

She added that the couple had "no idea"this could happen when they first moved into the five-bedroom house in Essex in August.

The government was recently urged to do to stop homes being repossessed by the Liberal Democrats.

Deputy leader Vince Cable said many people are unable to make ends meet as a result of the recession, making repossessions a "nationwide problem".

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