Hi there,
Dreaming of owning your first home and wondering how your KiwiSaver savings can help make it happen? You’re not alone – and we’re here to guide you every step of the way.
In this article, you’ll learn about the eligibility criteria, how to apply for a KiwiSaver first-home withdrawal, and what to consider before taking the next big step towards home ownership.
Check your eligibility
To use your KiwiSaver funds for a first-home withdrawal, you’ll need to meet the following criteria:
- You’ve been a KiwiSaver member for at least 3 years.
- You intend to live in the property for at least 6 months.
- You haven’t made a KiwiSaver first-home withdrawal before.
In some cases, even if you’ve owned a home in the past, you may still qualify as a first-home buyer. Kāinga Ora explains more here.
If you’re unsure about your eligibility, feel free to get in touch – I can help you confirm your status.
Coordinate the withdrawal process
Applying for your KiwiSaver withdrawal usually takes around two weeks, so it’s important to plan ahead.
You’ll need to provide your KiwiSaver provider with documents such as:
- A signed sale and purchase agreement
- Proof of your deposit
Your adviser (that’s us!) can help you stay on track with deadlines and documentation to make sure the process runs smoothly.
Think about your long-term goals
Withdrawing from your KiwiSaver account can give you a powerful boost towards your first home, but it’s also important to consider how it affects your retirement savings.
After your purchase, you might consider increasing your KiwiSaver contributions if you can, to keep your retirement plans on track.
Talk to a mortgage adviser
Buying your first home is a major milestone – and we’re here to make it easier.
We can guide you through your options to maximise your first-home deposit, ensure you meet KiwiSaver requirements, and help you make informed financial decisions for both today and the future.
Ready to get started?
Generate KiwiSaver
Generate KiwiSaver is one of New Zealand’s most trusted and top-performing KiwiSaver providers. With a proven track record of strong, consistent returns, Generate specialises in helping New Zealanders grow their KiwiSaver savings – whether that’s to boost a first-home deposit or build a comfortable retirement fund.
You can easily check your KiwiSaver balance on 24/7 through the Generate KiwiSaver app or by logging in online.
Generate KiwiSaver has also been voted the Consumer NZ People’s Choice Award for KiwiSaver – four years in a row!
If you have any questions about your KiwiSaver savings, please don’t hesitate to get in touch.
KiwiSaver provider satisfaction comparison
Generate KiwiSaver promotion – win a share of $5,000!
Generate is running an exciting referral promotion, giving three lucky winners the chance to share $5,000 in vouchers for popular retailers such as House of Travel, Ticketek, New World, Noel Leeming, and more.
How to enter:
Simply refer your friends and family to Generate KiwiSaver by emailing or texting me their contact details. I’ll reach out to help them review their KiwiSaver and explore their options. The more people you refer, the more chances you have to win!
Promotion period: 1 October – 31 December 2025
Winners announced: 15 January 2026
Full terms and conditions: Click here to view.
