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High demand for London homes with EV charging points but supply remains low

High demand for London homes with EV charging points but supply remains low

Demand for homes equipped with electric vehicle (EV) charging points in London is notably high, yet the supply of such properties remains very limited. This trend is significant for landlords as it highlights a growing tenant preference that could influence property values and rental appeal in the coming years.

Strong Buyer Interest in EV-Ready Homes

Recent research from Foxtons reveals that 28% of London homes featuring a private EV charging point are already under offer, demonstrating robust buyer appetite. Despite this, only 1% of all properties currently listed for sale in the capital include an EV charging point, indicating a clear mismatch between demand and availability.

The demand persists even in light of the Chancellor Rachel Reeves’ announcement in the Autumn Budget that a mileage-based tax for EVs will begin in 2028. This policy development does not appear to have dampened interest in EV-compatible homes.

Geographical Variations in Demand

Interest in homes with EV charging facilities varies across London boroughs. Islington leads with 60% of EV-equipped homes already under offer, followed by Bexley at 53%. Barking and Dagenham and Lewisham each report 50%, while Haringey, Sutton, and Havering show demand levels between 41% and 44%. Despite these high figures, supply remains scarce, with Merton offering the highest proportion of homes with EV charging points at just 4%.

Implications for Landlords and Letting Agents

James Stevenson, managing director of sales at Foxtons, emphasises that EV charging points are becoming an important selling feature. As electric vehicle adoption increases, properties with private charging facilities are likely to attract stronger interest and potentially command higher prices or rents.

For landlords, this means that investing in EV charging infrastructure could enhance the desirability of their properties, particularly in London where demand is concentrated. Providing convenient and secure charging options aligns with tenant preferences for future-ready homes and could reduce void periods.

Letting agents and property managers should consider highlighting the presence of EV charging points as a key feature in marketing materials. This can help differentiate properties in a competitive rental market and appeal to environmentally conscious tenants.

Supply Constraints and Opportunities

The current low supply of homes with EV charging points presents an opportunity for landlords willing to install such facilities. Given that only 1% of homes on the market have this feature, adding a private charging point could significantly increase a property’s marketability.

Landlords should also be aware of any planning permissions or building regulations related to installing EV charging infrastructure, especially in communal or leasehold properties. Staying informed on these matters will ensure compliance and smooth installation processes.

Looking Ahead

As the UK moves towards greater electric vehicle adoption, the demand for EV-compatible homes is expected to grow further. Landlords who proactively adapt their properties to meet this demand may benefit from enhanced rental yields and capital growth.

In addition, the Tenant Liaison Association (TLA) is launching a new Trusted Partners Hub in Q1 2026. This platform will feature verified and approved service providers to support landlords, tenants, and property management businesses. Legal, trades, insurance, financial, mortgage, tenant screening, and other service providers are invited to register their interest here.

Source: www.property118.com

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