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$450 legal fees to withdraw kiwisaver

#Post
1

I got some quotes for lawyer house purchasing cost. The quotes to withdraw kiwisaver are $450 more. Is this normal? Can I apply to withdraw it myself?

rosehonda - 2021-10-31 19:04:00
2

Ring Kiwisaver and ask them what the procedure is. I hope you dont have to pay a lawyer to do it.

sunnysue1 - 2021-10-31 19:57:00
3
sunnysue1 wrote:

Ring Kiwisaver and ask them what the procedure is. I hope you dont have to pay a lawyer to do it.

Why?

johnston - 2021-10-31 22:46:00
4
sunnysue1 wrote:

Ring Kiwisaver and ask them what the procedure is. I hope you dont have to pay a lawyer to do it.

you cant do it without a lawyer/conveyancer doing the work, its very comprehensive and takes time to get everything together for the purchasers, there's alot of handholding needed to get the drawdown, people have no idea. They will pay an agent $50k for two hours work to sell their house( no skills needed) but whinge an whine at paying $1500 for the legal bit to happen including fixing up every agent known to man's contract fuck ups.

gabbysnana - 2021-11-01 09:04:00
5

Not to mention the undertakings ...

johnston - 2021-11-01 09:24:00
6
johnston wrote:

Not to mention the undertakings ...

Grave mistake.

Edited by sparkychap at 10:11 am, Mon 1 Nov

sparkychap - 2021-11-01 10:04:00
7
johnston wrote:

Not to mention the undertakings ...

the ordinary plod has no idea so no point mentioning, even if you did their iq would argue the toss.

gabbysnana - 2021-11-01 10:09:00
8
sparkychap wrote:

Grave mistake.

.

captaingraham - 2021-11-01 11:19:00
9
rosehonda wrote:

I got some quotes for lawyer house purchasing cost. The quotes to withdraw kiwisaver are $450 more. Is this normal? Can I apply to withdraw it myself?

You can request the initial amount and entitlement only. the withdrawal has to be done by the lawyer once all unconditional.

jeffqv - 2021-11-01 12:42:00
10

Your real estate agent may be happy to sit down and go over it all with you, then help you with the paperwork. Most agents are much more benevolent than posters on these message boards would believe. Once its all filled out take it to your lawyer for his/her final tick.

patriciamay1 - 2021-11-01 20:43:00
11
patriciamay1 wrote:

Your real estate agent may be happy to sit down and go over it all with you, then help you with the paperwork. Most agents are much more benevolent than posters on these message boards would believe. Once its all filled out take it to your lawyer for his/her final tick.

I would rather get my cat or a hairdresser to fill out the form than an agent.

johnston - 2021-11-02 13:45:00
12

I'd probably run with the agent but its a free world you can run with the cat or hairdresser if you wish.Your comment is unusually uncharitable ,I've always enjoyed reading your postings and usually have respect for your point of view.

patriciamay1 - 2021-11-02 20:26:00
13
patriciamay1 wrote:

I'd probably run with the agent but its a free world you can run with the cat or hairdresser if you wish.Your comment is unusually uncharitable ,I've always enjoyed reading your postings and usually have respect for your point of view.

You can still enjoy my posts.

johnston - 2021-11-02 21:13:00
14
johnston wrote:

You can still enjoy my posts.

but only for 12 more days...........

stevo2 - 2021-11-03 05:45:00
15
patriciamay1 wrote:

Your real estate agent may be happy to sit down and go over it all with you, then help you with the paperwork. Most agents are much more benevolent than posters on these message boards would believe. Once its all filled out take it to your lawyer for his/her final tick.

Given that buying and / or selling a property is most likely the biggest financial transaction most people have made to date, then everybody who is a party to the process should just "stick to their knitting".. remember if your property transaction runs into trouble then the ultimate punishment can be having to set up camp in the mother in laws spare room while you hopefully can sort it out !!

onl_148 - 2021-11-08 11:59:00
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