At Owl Homes, we know how hard it can be to take that first step onto the property ladder — especially when house prices feel out of reach. That’s why we’re proud to offer selected homes at our Oakwood development in Stoke Golding through the Discounted Open Market Sale (DOMS) scheme.

It’s a simple and affordable way to make owning your own home possible, without compromising on quality or space.

So, what is the Discounted Open Market Sale scheme?

Put simply, the DOMS scheme gives eligible buyers the chance to purchase a brand-new home at a discounted price — usually between 20% and 30% less than the full market value.

Unlike shared ownership, there’s no rent to pay and no need to buy additional shares later. You’ll own 100% of your home from day one — just at a more affordable price.

Who can apply?

The scheme is designed to support local people who would love to own a home but may be priced out of the open market. While criteria can vary depending on the local authority, you're likely to be eligible if:

• You're a first-time buyer or don’t currently own a home

• You have a local connection to the area (for example, you live, work or have family nearby)

• Your household income is below a certain level (this is set by the local council)

• You're buying the home to live in — not to rent out or use as a second home

Don’t worry — our friendly sales team will be on hand to walk you through the application process and help check whether you qualify.

What’s available at Oakwood?

We’ll be releasing a small selection of beautiful 2, 3 and 4-bedroom homes at Oakwood in Stoke Golding through the DOMS scheme. These homes will be built with the same care, attention to detail and high-quality finish as every Owl home — the only difference is the lower price that you'll pay.

If you’re eligible, this scheme could help you move into a home that might otherwise be just out of reach.

Why choose a DOMS home?