Applying for your KiwiSaver first-home withdrawal
It can take time for your application to be processed, so we recommend contacting Fisher Funds well in advance to find out what you will need to do to start the ball rolling. All documentation needs to be with Fisher Funds at least 10 working days before your settlement date.
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Once you have found a home you want to buy, let your solicitor know you want to use funds from your KiwiSaver account to help with the purchase.
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Contact Fisher Funds about applying for a first-home withdrawal and complete the Fisher Fund’s withdrawal form.
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Take Fisher Fund’s withdrawal form to your solicitor to complete then post it back to Fisher Funds with:
- A copy of your certified ID;
- Your Sales and Purchase agreement;
- Your Solicitor’s letter; and
- A deposit slip for your Solicitor’s trust account.
If you, and the property you intend to purchase, meet all of the criteria, the funds will be transferred to your solicitor’s trust account prior to settlement and will be paid to the vendor as part of the purchase price for an unconditional sale, or as the deposit (or part of it) if that is a condition of your sale and purchase agreement. If the agreement isn’t completed, then your solicitor will pass the funds back to Fisher Funds to be reinvested in your KiwiSaver account.