Propertymark, the leading industry body representing property professionals, has raised concerns about the Welsh government’s proposal to mandate the installation of electric vehicle (EV) charging points in all types of properties. The initiative aims to enhance the sustainability of residential and non-residential buildings, including those undergoing significant renovations, by requiring them to be equipped with EV charging facilities.
In its response to the Welsh government’s consultation, Propertymark cautioned that imposing such mandatory requirements could impose significant financial burdens on both landlords and homeowners. The organization emphasizes the importance of avoiding a uniform approach, stating, “We do not want a one-size-fits-all solution.”
Propertymark warns that implementing blanket requirements for EV chargers could discourage potential investors from entering the housing market in Wales, which might exacerbate existing housing supply issues. They acknowledge the positive intent behind the initiative—encouraging both homeowners and landlords to take steps toward reducing their carbon emissions—but express concern for the practical implications.
“While initiatives that promote sustainability are always commendable, we want to ensure that any new building regulations do not delay the availability of newly constructed properties for sale,” Propertymark adds. They highlight the complexity involved in multi-dwelling buildings, such as apartment blocks, particularly regarding who would be responsible for the installation, maintenance, and associated costs of the charging points.
The organization is particularly focused on the potential financial impact on property investors; the cost of installing an EV charging point is estimated by the Welsh government to be around £3,600 per connection. However, Propertymark points out that if this requirement were applied to 20 properties, it could amount to a staggering £72,000, complicating the feasibility of constructing new homes and further straining the balance of supply and demand in the housing market.
Moreover, Propertymark is advocating for exemptions for listed properties and those with limited electrical capacity, suggesting that such buildings should not be bound by the proposed requirements for EV charging installations. They recommend a more strategic approach that prioritizes targeted financial support for retrofitting older homes, alongside collaborative efforts with the housing sector to develop practical and effective regulations.
In addition, the organization proposes that developers be required to include the necessary cabling and routing for future EV charging installations. This proactive measure would enable homeowners to install their own charging points at their convenience, allowing them the freedom to choose their preferred type and brand of charging equipment. Propertymark believes this approach would better serve the diverse needs of property owners while still promoting sustainability in the housing sector.
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