The Financial Services Authority (FSA) is launching a £2m advertising campaign to help consumers make informed financial decisions and find the right mortgage for them.According to new figures published by the FSA, one in five mortgage holders are concerned about meeting their repayments in the next 12 months.

When asked how they would meet these costs, a quarter of them said they had no plans.The FSA’s campaign is focusing especially on people whose fixed rate or discount deals are coming to an end this year. Around 1.4m short-term fixed rate mortgages are due to end in 2008, the FSA estimates.

Chris Pond, FSA director of financial capability, said: "Economic conditions are getting tougher, putting pressure on family finances. As the UK's financial watchdog we can help."

"And for those who are really struggling, don't panic. Talk to your lender or get free, confidential debt advice."The FSA has published a 'Stay in control of your mortgage' checklist on its Moneymadeclear website, to help people manage their mortgage if times get tough.

The Moneymadeclear range of impartial information contributes to the FSA's £90m National Strategy for Financial Capability, which links government, financial services industry, voluntary sector and consumer and education groups in an aim to reach at least ten million people in five years from 2006. The FSA is also now to lead a two-year pilot project to test delivery of the UK’s first national money guidance service following an announcement by HM Treasury yesterday.