- What is a second chance withdrawal?
Frequently Asked Questions
What is a second chance withdrawal?
If you are a previous homeowner but have not made a KiwiSaver First Home Withdrawal previously, you may be eligible for a second-chance home withdrawal.
To apply for a second-chance home withdrawal, you need to meet the same criteria for a First Home Withdrawal, and you will also need approval from Kainga Ora confirming that your financial situation is similar to a first-home buyer.
To apply for approval from Kainga Ora, click here.
Once approved by Kainga Ora, please provide their approval letter to us, along with the other documents listed above. We also recommend that you consult with your solicitor or your conveyancing practitioner regarding your eligibility.