ludlowthompson celebrates 25 years of making London accessible to renters
- 18th August 2018
- Renting Property News
Over the past two decades, ‘Generation Rent’ has fast become a lifestyle choice with increased flexibility of renting over committing to home ownership
We began our journey 25 years ago - in 1993. Before we grew to what we are today, the UK’s number 1 ranked agent on allAgents, we were an amibitious start-up. Ensuring London is accessible and open to all of the prospective individuals looking to move to the capital has always been key to our business model.
Looking back in the archive from 1993, one of our first lettings through our co-founding Oval office was 14 Claylands Road in SW8. It rented for £1,000 per month in 1993 and now rents for £3,000 per month.
Ultimately this reflects not only the growing appeal of Oval as a specific area over the past two and a half decades, but of the wider ‘Zone 2” - the home for our network of now nine London offices - and how it has become a popular destination for recent graduates and young professionals alike. Areas in this zone give renters the ability to live near where they work and make use of the ever-growing number of transport options available to them and have all important short commutes.
With the near-continuous development of ‘always-on’ transport links in London, prospective renters have seen the possible areas for them to live in the capital expand greatly. The Docklands Light Railways has expanded considerably, the Night Tube has gone live on many lines, and Cycle Superhighways now criss-cross the capital.
All this means more areas for renters to live in the capital – opening it up for more individuals from the rest of the UK, Europe, and even further afield.
Stephen Ludlow, Chairman at ludlowthompson, says: “London has, throughout our 25 year history, stood out as the hub for the best students, graduates and professionals.”
“Renting is fast emerging as an attractive option for young people. The workforce is a lot more mobile, and find renting more suited to their lifestyle choices.”
Here is a selection of reviews of happy customers of ludlowthompson via Google Reviews:
“The prospect of renting through an agency again was not appealing, having had some thoroughly grim and frustrating experiences with other London agencies in the past. I was astounded at how smoothly everything went whilst working with LT Oval. Clear, timely, communicative and efficient. Plus, we came out of the process with a truly beautiful new home. Deal with these guys with confidence.”
- Duncan Kelso on Google
“Very helpful and quick turnaround - have rented through LT twice and always very helpful service.”
- Bryony Wellburn on Google
ludlowthompson maintains its transparency by encouraging customer reviews across a number of platforms. Over a three year period we are ranked as the number 1 agent in the UK on allAgents out of 15,000+ agents, with 5800+ 5* reviews, and we are linked with feefo, a global Google Partner giving the customer another place to search for independent reviews of the company and the individuals that work at ludlowthompson.
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