Second chance Kiwisaver: Buying your second home

Even if you've owned a home before, you may be eligible for a KiwiSaver second chance withdrawal to buy another property. To qualify, you must meet standard withdrawal criteria, no longer own any property, and have realisable assets below a specific threshold.

The process requires applying to your KiwiSaver provider and getting an assessment from Kāinga Ora to confirm you're in a similar financial position to a first-home buyer. Allow ample time for settlement and inform your lawyer early.