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Question Details: I would like to access my KiwiSaver account to purchase a house. However, I am already a home owner. Can I do this?
Filed under Property Law | 1403 View(s)
Community Law Wellington & Hutt Valley
No, you cannot access your KiwiSaver savings to purchase a house if you currently own your own home.
You may, however, be able to withdraw your KiwiSaver savings to purchase a new house if you have owned a house in the past (but do not currently own a house) and you meet the requirements set by Housing New Zealand. Click here to read the criteria for eligibility: www.hnzc.co.nz. There is also some useful information here: www.hnzc.co.nz. Details of how to apply are available here: www.hnzc.co.nz.
Answered 19 Dec 2012. The IMPORTANT NOTICE below is part of this answer.
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