There are two ways in which you may use your KiwiSaver help you to buy your first home.

KiwiSaver HomeStart Grant

After three 3 years of contributing to KiwiSaver you may be entitled to a KiwiSaver HomeStart Grant. If you purchase an existing home, the grant is between $3,000.00 and $5,000.00, based on $1,000.00 per year of membership. If you are building or purchasing a new home this is doubled, up to a maximum of $10,000.00 for 5 years membership.

On 1 August 2016 the income threshold increased to $85,000 for one buyer and $130,000.00 for two or more buyers. These income limits relate to the previous 12 months.

The house price caps for Tauranga and the Western Bay of Plenty have been increased to $500,000.00 for an existing/older property and $550,000.00 for a new home. 

KiwiSaver First Home Withdrawal

If you are a first home buyer, you can contact your KiwiSaver provider and apply for a withdrawal.

You may also be eligible as a previous home owner if you meet the Housing New Zealand criteria.

We are here to help with your application and guide you through the purchase process. Please call Carlene Macrae on 07 9277481 or email

This article does not constitute legal advice. You should obtain specific advice before you make any decisions or take any action based upon information contained herein.