On the lookout for affordable meeting rooms in London? You’re in the right place! While the costs of these spaces can be discouraging, there's no need to stress so much. Here at Tagvenue, we know how to find great and low-cost meeting venues across the city – and we’re more than happy to help you find the one for you. Hop on our platform, put your preferred price range in our smart filters, and find an affordable meeting room in London in no time!
Before you started your research, you probably asked yourself how much it costs to hire a meeting space in London. Fortunately, there are plenty of affordable meeting rooms available in the city, and we have compiled a comprehensive list of budget-friendly venue options available in London!
So, what’s the secret to cheap meeting room hire in London? Our venue experts have already found out and are ready to share their best tips with you:
Do you want to ensure that the booking process runs smoothly? We bet you do! Don’t hesitate to check out a few things to consider before you hire the venue.
The first thing is to check the venue’s cancellation policy. You never know if something unexpectedly crops up in your schedule, and you will need to change your plans. Cancellation policies differ widely depending on the venue. However, you can generally get at least a partial refund if you cancel within a specific time before the booked date. Always read the fine print before booking! When hiring an affordable meeting room, it might be especially important - with a tight budget, it’s important to avoid all the factors that can result in expensive mistakes!
Remember to check out reviews before deciding on a low-budget meeting room. Previous customers’ comments can give you good insight into a venue’s character. You will learn what they enjoyed and what they didn't, and based on that you can make a decision about the venue. If the venue doesn’t have reviews, we recommend contacting a meeting room manager and setting a date for a tour around the venue.
Facilities and equipment are the key to a successful meeting, so check beforehand that the venue you are about to decide on has all the gear you need. An affordable meeting room usually offers a whiteboard, WiFi, flipchart, projector, flat screen and sound system. Should you need something beyond that, make sure the venue provides it, and always check whether it is included in the hire fee or if you will have to pay extra for it.
Finally, is it convenient? What’s the location? How far is it from the airport, public transport connections, or parking facilities? Does it also offer disabled access? When hiring a meeting space on a budget, it’s important to consider all these factors so you don’t end up paying a ton for cabs or spending 2 hours on a commute!
Hiring a meeting room is a tough nut to crack - that goes without saying. Scouting for an affordable meeting room can take time. To save you from hours of suffering looking through dozens of available meeting spaces in London, we’ve prepared a list of common mistakes to avoid during the booking process.
Time passes fast, and suddenly you may realise that you only have 3 days left until the meeting. Then the panic starts: “We don’t have a venue!” or “Everything has been booked already!” If reading these quotes makes you stressed, that’s a sign that you should start searching for a meeting room right away. Scouting for venues ahead of time will extend your choices, enabling you to choose from the venues you want, not just from the venues that are left. And if you’re hiring a meeting room on a budget, remember, the best-priced ones are the first to go!
Sometimes customers have an idea of their perfect meeting room so deeply embedded, that they do not even consider other options. On the one hand it is good that they know what they want, but on the other hand they are missing so many great opportunities they never considered! Often, your actual perfect meeting room will be a bit different from your imagination. And yes, even when looking for an affordable meeting venue, you’ll be able to secure the perfect room for your needs!
Has an hour or two passed as you’ve scrolled through the rooms available in London and found… nothing? Have you prioritised your needs? Have you used our smart filters? No? Then that’s the key! In order to find the right venue in a short time you should narrow down your options by using our advanced search filters. For instance, start by entering your budget in our smart filters to find plenty of spots to hire in London!
Nah ah, ah! Always double-check your booking! Once in a while something may go wrong and a misunderstanding may crop up. It is important to double-check your booking details, to make sure that you and the venue manager have understood each other. Try to double-check the costs, capacity, equipment and discuss whether it is included in the hire fee or not. Also, always keep the venue manager’s number close by in case you run into difficulties with the venue.
The meeting room, even if you secured a low-budget meeting space, is supposed to be an accessible place where all the attendees feel comfortable. Very often people forget that the venue which they are going to hire should be suitable not only for themselves but also for the other meeting participants. Make sure that the venue is in a convenient location and has all the necessary facilities for you and other partakers.
Hotels
Hotels very often provide high standard rooms with good quality equipment. And many of these spaces can be hired at affordable rates! It is a good option for those who need accommodation after the meeting and would like to provide refreshment. Ask the hotel manager about catering, equipment, etc. Make sure you discuss whether they are included in the hire fee or if you will have to pay extra for them.
As they usually do not provide professional equipment, restaurants are good choices for rather informal meetings. But they do not measure up when it comes to professional conferences and other business meetings. However, they can be cost-effective as some restaurants offer minimum spend hire fees, which means that if you spend a set amount of money on food and drinks, you don’t have to pay for the venue itself.
Although libraries may not seem like the ideal meeting room option, they do offer some good options for holding a meeting in a unique space, at an affordable price. Community halls (or community centres) are also a great, convenient and low-cost option.
A conference centre is a building specifically designed for business meetings and offers an abundance of rooms at different prices, sizes and styles, each serving a slightly different purpose. You can choose from boardrooms, training rooms, workspaces, conference rooms, basic rooms and others, according to your needs, and your budget as well - many conference centres offer affordable meeting spaces! Their offer usually includes refreshments and basic equipment. However, we recommend that before making a booking you contact the venue manager and discuss the details.
It is crucial to decide on a seating layout while planning a meeting. Every layout has a different purpose and enhances different values during work. Some venues offer flexible seating arrangements which is a big advantage if you are planning different activities during the meeting. The most popular meeting room seating layouts are:
Boardroom style seating offers seats along one large, long, rectangular table. It is perfect for small meetings and strategic discussions. The goal of this layout is to enhance discussion and brainstorming.
U-shape (or Horse Shoe) style seating offers rectangular tables set up in a U-shape. It is used mostly for presentations, small meetings and group collaborations. Not only does it enhance discussion with a speaker but relationship building as well. It is perfect for both attendees who have already worked together and those who are new.
Hollow Square Style Seating offers tables set in a square, where the speaker is either in the centre or in one of the corners. It is a perfect setting for workshops and training sessions.
Rectangular tables set up in the classroom style are perfect for lectures, meetings, seminars and training sessions. They focus attention on the front of the room and make it easy for everyone to see what the speaker is presenting.
If you need more help with your seating arrangement, check out our Event Seating Arrangement Guideline!
Starting from the cheapest, meeting rooms from only £12 per hour can be found in Brixton and Camden Town. Expect to pay around £20 to £30 per hour in Deptford, Crystal Palace, Wandworth and Bethnal Green. There are also many affordable meeting rooms in The City of London, Dalston and Lambeth as well, where prices for hiring a meeting room start from £30 per hour. (All data from Tagvenue.)
Prices for hiring a budget-friendly meeting room in London start from £12 per hour! Prices range, on average, from £12 to £50 per hour. (All data from Tagvenue.)
Most people begin searching for and contacting venues about 4 to 6 weeks before a meeting. Regardless of your choice, if you need to feel assured that you will definitely find a venue within a specific timeframe, planning one month in advance is a great option. Also, affordable meeting spaces tend to be booked up quickly, so if you’re looking for a cheap meeting room, it’s best to secure a venue as soon as possible. Make sure to also review the cancellation policy of the venue in case you have to cancel the booking.
Of course, you can! Virtual or hybrid meetings can be hosted at many venues, and you can always ask the manager if they have the right equipment, such as conference microphones, high speed internet, and a video screen.