Rise in renting-out driveways since ULEZ introduced

Online parking portal YourParkingSpace.co.uk has seen a 34 per cent increase in driveway and empty parking space owners close to London's ULEZ registering their spaces on its website the week after the zone was introduced.

The ULEZ has been recently introduced in central London to help cut air pollution from vehicles and now means the owners of cars that don’t meet emission standards will have to pay £12.50 per day to drive in the centre of the capital, as well as pay the congestion charge.

YourParkingSpace.co.uk also reports that actual bookings for driveways on the outskirts of London has also increased week-on-week since the introduction of the ULEZ, indicating that the ULEZ introduced in early April is working and that motorists are increasingly turning to public transport to enter the centre of the city.

Harrison Woods, managing director at YourParkingSpace.co.uk, said: “It is very encouraging to see that the ULEZ appears to be having an immediate desired impact.

“Our research shows that bookings for driveways on the outskirts of the city have increased since the introduction of the ULEZ as motorists leave their vehicles and continue their journeys into the centre of London on public transport.

“It is also interesting to see the spike in savvy property owners registering their driveways and empty spaces near the ULEZ, making it easier for motorists to find a parking space near a bus stop, train or underground station.

“I would expect this pattern to be repeated in other cities when they introduce their own emission zones.”

Only recently YourParkingSpace.co.uk revealed that its customers saved a combined total of 132 tonnes of carbon dioxide (CO2) - the equivalent amount that would be made burning 53 tonnes of coal - by driving straight to their reserved parking space over the last year, whilst YourParkingSpace.co.uk also teamed up with the Trees For The Future charity for Earth Day, planting 3,477 trees, one tree for every booking made on Earth Day.