A second chance at a first home withdrawal as a 'previous homeowner'
Buying a home can be hard, even if it’s not your first. Kāinga Ora (formerly Housing New Zealand) recognises that some people’s situations are similar to a first homebuyer. If you qualify, you may be able to withdraw some of your savings to buy a home.
On second thoughts
Not sure if you qualify? Kāinga Ora will determine if you are a previous homeowner in the same financial position as a first homebuyer.
If approved, you simply need to have made locked contributions to mysuper for three years and leave $1,000 in your account.