Second chance Kiwisaver: Buying your second home

You may be able to use your KiwiSaver for a home deposit even if you've owned property before, via a second chance withdrawal.

To be eligible, you must meet standard criteria, no longer own any property, and have realisable assets below a threshold determined by Kāinga Ora. The process requires applying to both your KiwiSaver provider and Kāinga Ora, who assesses if you're in a similar financial position to a first-home buyer. Allow ample time for this process before settlement.