Second chance Kiwisaver: Buying your second home

Even if you've owned a home before, you may qualify for a second chance KiwiSaver withdrawal for a new property purchase.

To be eligible, you must meet standard withdrawal criteria, no longer own any property, and have realisable assets below a certain threshold. The process requires applying to your KiwiSaver provider and getting pre-approval from Kāinga Ora, who assesses if your financial position is similar to a first-home buyer's. You might also qualify for a First Home Grant.