What is lenders mortgage insurance (LMI)?

Buying a property without a chunky deposit could see you whacked with the oft-dreaded cost of lenders mortgage insurance. But in a different sense, the time it takes to save up the deposit could also cost you.

How to pay a deposit on a home

Your house deposit is probably the biggest block of savings you’ll ever hand over in your lifetime, so it’s natural to want to understand exactly how and when to pay it, and what comes after.