Buying guide
Second chance Kiwisaver: Buying your second home
Even if you’ve previously owned a home you may still be able to use your Kiwisaver for a deposit
AI summary
Even if you've owned a home before, you may be able to use your KiwiSaver for a deposit through a second chance withdrawal.
To be eligible, you must:
- Meet standard KiwiSaver withdrawal rules
- No longer own any property
- Have realisable assets below a set threshold
The process requires applying to your KiwiSaver provider and getting pre-approval from Kāinga Ora to confirm you're in a similar financial position to a first-home buyer. You may also qualify for a First Home Grant.
Are you eligible to use your Kiwisaver for your second home?
Applying for a second chance Kiwisaver withdrawal is easy.
Applying for a second chance Kiwisaver withdrawal
Receiving the funds
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