The number of British homeowners with debt management concerns is already noticeably on the increase, the CCCS told the BBC.
And with many expert observers predicting a further rise in interest rates later this year, there are thousands of borrowers around the country struggling to cut their spending and meet mortgage repayment demands, the charity has suggested.
“It is no longer clear that getting a foot on the mortgage ladder is a sensible step. The rungs are wobbling,” chairman of the CCCS Malcolm Hurlston is quoted a saying.
“As the burdens on household finances mount, our research shows that homeowners in particular should take care,” he added.
It was announced this week by the Bank of England that the cost of borrowing is to remain at 5.25 per cent as they have since the most recent increase in January of this year.