PHOTO: SUPPLIED Jayne Biddock and Zac Legge were both able to use money from their KiwiSaver accounts to buy a home, despite Legge having having previously part-owned a house.
More than 5000 former homeowners a year are dipping into their KiwiSaver accounts under the second chance rules.
First-time homebuyers can withdraw KiwiSaver money to help pay the deposit on a first home.
But people who have owned a home, but lost it, can also sometimes tap their KiwiSaver accounts to help them rejoin the ranks of homeowners.
More than 5000 former homeowners a year are dipping into their KiwiSaver accounts under the second chance rules.
First-time homebuyers can withdraw KiwiSaver money to help pay the deposit on a first home.
But people who have owned a home, but lost it, can also sometimes tap their KiwiSaver accounts to help them rejoin the ranks of homeowners.
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