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Budget-friendly doesn't mean basic – discover a hidden gem from our vast selection of cheap banquet halls in London, all at prices that won't leave you in tears. At Tagvenue, we offer a variety of affordable function halls, perfect for any events you have in mind, from family functions to corporate celebrations. Whether you seek a traditional banquet room with elegant decor in Kensington or a modern event hall with state-of-the-art facilities in Chelsea, each offers the perfect canvas for your soiree. So, don't let budget constraints limit your options. Browse our platform now!
Our Banqueting Hall can host up to 220 seated guests, for events such as wedding ceremonies, engagement parties, birthdays, work celebrations or formal dinners.
Starlite Suite is a Hall in Regents Lake and a long, formally arranged banquet room defined by a strong central axis that organises a head-table and front-of-room focal point.
The largest and grandest of the three rooms at Painters’ Hall, the Livery Hall is a fantastic space for conferences, banquets or wedding receptions. It can accommodate a reception for up to 320 guests on the building's first
It is one of the two halls in the Regents Lake Banqueting Venue. The Lakeview suite can accommodate upto 300 people with table setting and 350 people with chair setting.
The cost of cheap banquet halls averages around £3340 hire fee per event. The final price will depend on location, size, amenities, and demand. Some venues also offer additional packages that include catering, AV equipment, or additional services. Take a look at the usual price ranges in London, based on Tagvenue data:
| From £1750 | to £6000 | hire fee per event |
| From £2800 | to £5000 | hire fee per day |
| From £42 | to £90 | per person |
Based on the popularity and user ratings on Tagvenue (updated October 2026), the best options include:
The Orchard Room at The Glass House - Springfield Park
in Hackney Borough - rated 4.8/5
Our user said: ‘Classic design. Big enough space...’
The Events Suite at London Shenley Club
in Hertfordshire - rated 4.7/5
Our user said: ‘Location is perfect. The venue manager was very helpful and reassuring.’
Sala Venue at The Crown London Hotel
in Kilburn - rated 4.7/5
Our user said: ‘Fantastic service at very reasonable prices. Easy access and helpful staff.’
You'll find cheap banquet halls in various sizes, from smaller spots to larger venues; keep in mind that the type of space and your chosen layout will affect the capacity! Below you can see the typical venue sizes in London, together with the standard prices in each size range, based on Tagvenue data (October 2026):
| Small | up to 180 guests | prices average £1815 hire fee per event |
| Medium | between 250 and 320 guests | prices average £2800 hire fee per day |
| Large | over 380 guests | prices average £5400 hire fee per event |
These are the venues within 0.9 mi from Central London, available to book on Tagvenue:
Smaller cheap banquet halls usually fit up to 180 guests seated. Here are some great options in London, based on Tagvenue data as of October 2026:
Bridewell Hall at St Bride Foundation, rated 4.9/5 - banqueting hall for 180 guests
Our user said: ‘The venue was perfect for my Heritage event.’
Court Room at The Foundling Museum, rated 4.8/5 - banqueting hall for 80 guests
Our user said: ‘It's a unique venue in a quiet location but still central. Highly recommend it.’
The Temple at Andaz London Hotel, rated 4.8/5 - banqueting hall for 60 guests
Our user said: ‘The room was beautifully decorated, I only added flowers for the tables.’
Absolutely! There are many affordable banquet halls that can accommodate your wedding reception in London. With elegant decor and spacious seating arrangements, banquet rooms are the perfect choice for hosting a reception on a budget. Excel House Halls in South Tottenham is one option that offers an affordable hourly rate, starting from £60, and several modern event spaces for your receptions. Another fantastic choice is The Grand Hall and Chambers Leyton, which provides a stunning setting at a budget-friendly price of £75 per hour. Both venues are located in convenient locations with public transport nearby, making it easy for your guests to attend.
Yes, there are inexpensive banquet rooms in London with a capacity of 500 guests. One great option is Bruce Grove Hall, an event venue in North London that can seat up to 600 guests for a banquet. They offer competitive pricing starting at £3,000 per session, making it a budget-friendly choice for large gatherings. On our platform, you can enter your desired capacity to narrow down the search results and find the perfect event venue that meets your needs. So, explore more banquet halls for your big event!
Great party vibes and atmosphere at this venue. Good service and attention given by staff on the night and Shawn was very professional and helpful in getting our corporate event arranged at the Rum room from start to finish. Thank you so much!!!
Elliott and the staff could not have been more friendly and welcoming. They did a great job for us. This is a lovely central London venue for a party for 50/60 people.
Alice was awesome at tailoring the venue to our specific needs and I'd loved there. The room was gorgeous and having access to the terrace really made it special. Will definitely come back again.
Very friendly staff showing us the way. The room is inside a church, which was really nice for our purposes.
The theme was wonderful and I was pleasantly surprised by the flower necklaces everyone was given! Charlie the bartender was absolutely great!
The venue coordinator, Neil, is very responsive and helpful, which make everything smooth. Location is good, the venue itself has equipment ready and well prepared.
Amazing service and food, great atmosphere and helpful staff. Great spacious room with lots of natural light and really nicely decorated. Easy communication with event manager who provided lots of information and was courteous at all times
The location and venue was amazing for our event, your guests loved the drinks and canapes on The Terrace. Staff were super helpful and efficient - nothing was ever too big to ask.
Page last updated in October 2026
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