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BLOXX, UK government building alternative to back UK's 1.5 million new homes ambition

Monday, May 18, 2026 — 16:32:51 (UTC)

BLOXX Working with the UK Government to build the Alternative to Help to Buy, Backing UK’s 1.5 Million New Homes Ambition

Leeds, UK, Monday, 18th May - BLOXX, a global fintech, will be at UKREiiF to showcase how it has created a new, affordable homeownership option that does not require a mortgage or any government subsidy, while fundamentally rethinking how homes are funded in the UK. The fintech states that delivering 1.5 million new homes will require a new residential asset class and capital model that unlocks supply while opening up access to homeownership, creating the demand needed to build homes at pace. The new homeownership model enables people to subscribe to buying their homes, whilst delivering outsized risk adjusted returns for investors.

Sharing their new model and platform with UK investors, developers, and policymakers at UKREiiF - the UK’s leading real estate and infrastructure forum - co-founders Chris Smith (former global banking executive) and Cliff Curtis (Hollywood actor and producer) stated that the housing challenge is no longer just about supply. Rather, it is about creating a flywheel that generates demand from new homebuyers to support the economics of delivering new homes at scale while addressing the growing number of landlords exiting the market. Homebuilders, landlords and community housing providers face increasing pressure on supply and income, creating an urgent need for more resilient housing models and addressing the gap left by help-to-buy.

They will be joined by Lord Stockwood, UK Minister for Investment and Member of the House of Lords, as BLOXX addresses how the new funding model can play a key role in delivering the UK’s 1.5 million homes ambition. The session will also explore how we can redirect UK domestic capital and offshore capital into this new asset class to accelerate housing delivery and support long-term economic growth across the UK.

BLOXX introduces an alternative pathway to homeownership that enables buyers to secure a home with a 1% deposit and build equity through fixed monthly payments similar to the cost of renting and considerably cheaper than a mortgage. Curtis will join Smith and the BLOXX team in Leeds during UKREiiF, marking one of his first public appearances in the UK in support of the company’s global expansion.

First piloted in New Zealand, the platform’s waitlist has organically grown to nearly 4,000 households in less than a year representing a NZ$3 billion pipeline. New financial systems that stabilise housing access and support affordable homeownership are becoming increasingly important; over the last 20 years, the global renting population has nearly doubled to 1.2 billion, yet 75% of those renters still aspire to own their homes. Giving BLOXX an addressable market globally of 900M households and c.$150Tn in asset value.

The UK launch follows the recent unveiling of ĀRIKI BLOXX, a model that aligns impact capital with communities to enable long-term, equitable housing solutions which is currently being piloted with indigenous communities in New Zealand. Announced at the Web Summit Qatar and Impact Investment Summit Asia Pacific, this expansion represents the next phase of growth - unlocking access to build homes in the community for either affordable homeownership or social rent. These funding gaps are structural, not simply market cyclical - addressing these barriers will require close collaboration between institutional investors, providers and policymakers.

BLOXX has been working closely with the UK government Office for Investment, including senior officials from UK Treasury, UK Regulators and Department of Business & Trade to pave the way to launch BLOXX into the UK market rapidly and showcase how the UK is serious about scaling new fintech and homeownership models into the UK market to deliver on its ambitious housing targets.

Chris Smith, Founder and CEO of BLOXX, said: “The UK housing debate has focused for years on symptoms. The deeper issue is structural. 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. At the same time, long-term capital is looking for stable, real assets, that deliver strong returns and deliver economic and social impact into communities across the UK.

“If we want to deliver 1.5million new homes, we need a new way to fund them. BLOXX connects institutional equity directly to housing, lowering the upfront barrier for households while accelerating fully funded supply. This is about modernising the financial foundations of homeownership and stabilising a rental market that is losing supply. The UK has an opportunity to lead globally in adopting new housing finance models that widen access to ownership while helping unlock development at scale.”

Nathan Spencer, Managing Director at UKREiiF, commented: “UKREiiF exists to showcase the ideas and innovations that can genuinely shift the dial on the UK’s housing and infrastructure challenges. BLOXX is introducing exactly the kind of bold, scalable thinking our sector needs, strengthening the link between long‑term capital and real housing delivery while widening access for households who have been locked out of homeownership for too long. It’s encouraging to see a model that supports both supply and demand in a way that is sustainable, investable, and aligned with the ambition to deliver 1.5 million new homes across the UK.”

BLOXX is now actively engaging with UK capital partners, developers and policymakers as it establishes its UK presence, and will continue working with policymakers and industry bodies to ensure the model complements wider housing ambitions and supports long-term regional growth.

The company’s broader strategy includes global expansion, across Australia, the USA, Middle East, Canada, Europe and Asia, in response to growing demand for housing solutions that are transparent, flexible and ownership-focused.

To learn more, visit: bloxxhome.com

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About BLOXX

BLOXX is a fintech company transforming homeownership. Its platform enables buyers to start with a 1 percent deposit and build equity through fixed monthly subscription payments without mortgages or debt. Founded in New Zealand, BLOXX is expanding into the UK and other international markets to meet rising global demand for alternative housing solutions that are fair, transparent and flexible.

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Source: Company press release.

Categories: Announcement