BLOXX unveils alternative homeownership model at UKREiiF

By Parth Prabhudesai

BLOXX is set to showcase a new homeownership financing model at UK Real Estate Investment & Infrastructure Forum (UKREiiF), positioning the platform as an alternative to traditional mortgages and government-backed housing schemes.

The FinTech company said its model allows buyers to secure homes with a 1% deposit and build equity through fixed monthly payments designed to be comparable to rental costs and lower than standard mortgage repayments.

BLOXX said the initiative is aimed at addressing structural challenges in the UK housing market, including affordability pressures, limited housing supply, and the growing number of landlords exiting the market.

The company argues that delivering the UK government’s target of 1.5 million new homes will require a new residential asset class and funding structure capable of attracting institutional capital while expanding access to homeownership.

Chris Smith, Founder and Chief Executive Officer of BLOXX, said the housing issue extends beyond supply shortages.

“We are not building enough homes, and too many people who can afford monthly rental payments are not able to access financing to buy their home,” Smith said.

He added that BLOXX’s platform aims to connect institutional equity directly with housing development to lower entry barriers for households while supporting large-scale residential construction.

The company’s UK presentation will also include participation from Lord Stockwood and discussions around attracting domestic and offshore capital into housing finance.

Originally piloted in New Zealand, BLOXX said its platform has attracted nearly 4,000 households to its waitlist within a year, representing a pipeline of approximately NZ$3 billion.

The company is also expanding internationally across markets including Australia, the United States, the Middle East, Canada, Europe, and Asia, as demand grows for alternative homeownership and housing finance solutions.

Nathan Spencer, Managing Director of UK Real Estate Investment & Infrastructure Forum, said the model introduces “bold, scalable thinking” aimed at improving both housing supply and access to ownership in the UK market.