BLOXX's 1% Deposit Model Could Revolutionize Homeownership Access
A new approach to homeownership will be presented at this year’s UK Real Estate Investment & Infrastructure Forum (UKREiiF). BLOXX, a housing finance platform, claims its model can ease affordability pressures and boost access to ownership. The company’s system allows buyers to secure a home with just a 1% deposit and build equity through fixed monthly payments. BLOXX argues that traditional housing finance no longer meets current demands. The company states that delivering 1.5 million new homes requires a fresh residential asset class and funding structure. Its platform connects institutional investors directly with housing developments, lowering entry barriers for households.
The model aims to make monthly payments comparable to renting and cheaper than standard mortgages. In its first year, nearly 4,000 households joined the waitlist, representing a pipeline worth around NZ$3 billion. Founder and CEO Chris Smith has stressed that the housing crisis extends beyond supply shortages, pointing to rising costs and landlords leaving the market.
BLOXX is now expanding globally, targeting markets in Australia, the US, the Middle East, Canada, Europe, and Asia. Nathan Spencer, Managing Director of UKREiiF, described the approach as bold and scalable. He added that it could play a key role in improving housing supply and ownership access across the UK. The company’s model will be showcased at UKREiiF, where industry leaders will assess its potential. If adopted widely, the system could change how households enter the property market. For now, BLOXX continues to grow its international presence while refining its approach for different regions.
