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Are mortgages really more affordable?

20 August 2013 Last updated at 11:36 BST

A recent Halifax study claimed that mortgage payments for new borrowers were the most affordable they had been for 14 years.

Steph McGovern asked two experts if that was really the case - in Bath where property prices are approaching their pre-recession levels.

London & Country Mortgage expert David Hollingwood said people have been attracted by low interest rates but "they need to look under the surface - some of the arrangement fees ironically have got bigger".

Paul Broadhead from the Building Societies Association said the government's Funding for Lending and Help to Buy schemes had helped the mortgage market - but warned about the need for an "exit strategy".