There are many cheap accommodations in London even though this city is said to be a very expensive place to visit. With the economy that way it is these days, most travelers will be looking to save where ever they can. There is still the steady increase in cost of the average hotels in London but with some effort and some time, you can find the best deal for you.
If you are traveler looking for a deal in this country and you are flexible with your dates, choice of room and its locations, then you will have no problems. London, like other big cities, is a busy one all year round but there are times of the year when it slows a bit. This is the off season and the best time to book a room. January and February are the slow times of the year and so they are the two best months of the year to get the best rates.
If you cannot visit London during this time, you can still find good deals if you book your stay in the early part of the week. These days are considerable lower as the prices go up as the week goes by.