City of London

For specific information on this borough, or to contact individual departments please click here to visit their website.

City of London: http://www.cityoflondon.gov.uk

In General:
The London boroughs are administrative centres responsible for collecting local taxes (Council Tax and Business Rates) and then spending the funds received on local services. They are run by Borough Councils who are elected by borough residents on a four year cycle. The totals that they spend will depend on the rates of tax that they levy plus funds allocated from central government and other sources.

While many of the services (schools, roads, planning, rubbish collection and social services) are standard, levels of provision will vary according to the overall political will as expressed by the voters.

Your tax liability (as a resident) will be based on the council tax band of your home. These bands are set by Valuation Officers and there is scope for appeal. The rate bands are then used to determine the amounts of tax levied. So, while the bands will remain largely constant the levels of tax can go up and, in theory, down.

You may claim discounts or exemptions based on your circumstances. For example, as the only adult in a property you can get a 25% reduction on your bill. Other reductions are available for qualifying second adults and Council Tax Benefit claimants.

There is more information available at the HM Customs & Excise website.

City of London Council Tax

City of London
Year-BandABCDEFGH
2010/2011 £634 £739 £845 £950 £1161 £1373 £1584 £1901
2009/2010 £629 £733 £838 £943 £1152 £1362 £1571 £1886
2008/2009 £616 £718 £821 £923 £1128 £1334 £1539 £1847
2007/2008 £600 £700 £800 £900 £1100 £1300 £1500 £1801
2006/2007 £574 £669 £765 £861 £1052 £1243 £1434 £1721

City of London Comments

The heart of the capital and one of the biggest financial centres in the world, the City of London may not spring to mind first when in search of a London home. The city is still primarily commercial, stocked with tall glass fronted buildings from every side and shops and bars that bustle with the nine-to-five yet lie deserted at the weekend. In reality the city has undergone a renaissance in its role as a residential borough over the past decade. Office blocks and warehouses have been converted into smart new apartments as developers respond to government pressure to build on previously used inner city sites. Popular with busy city workers eager to avoid the hassle of a long commute, the city's role as a home seems assured for the future.

Property News for Borough

House price rises preventing buyers from purchasing homes

House price rises preventing buyers from purchasing homes

Soaring house prices are preventing Brits from buying their first home, according to new findings.

Read Article ... Published on 15th April, 2014

Brits pessimistic about property buying

Brits pessimistic about property buying

Over half of Brits do not believe they will be able to purchase a property this year, according to new findings.

Read Article ... Published on 26th March, 2014

Property prices on the rise in London

Property prices on the rise in London

Buying a property in the capital is set to become even more expensive, according to new findings, which showed that property prices have risen and are set to rise even further. 

Read Article ... Published on 25th March, 2014

Cost of housing on the rise

Cost of housing on the rise

The price of property has continued to rise, leaving many unable to clamber onto the housing ladder.

Read Article ... Published on 20th March, 2014

Tenant arrears drop

Tenant arrears drop

The number of tenants in arrears has dropped, according to new findings. Research published by BDRC Continental, commissioned by Paragon Mortgages, revealed that the number of void periods are falling, while the duration of the average void period is falling too.

Read Article ... Published on 17th March, 2014

Price rises squeezing consumers out of the rental market

Price rises squeezing consumers out of the rental market

The price of buying a property in London is continuing to increase, according to new research.

Read Article ... Published on 11th March, 2014

Property prices forcing consumers into rental accommodation

Property prices forcing consumers into rental accommodation

Property price rises are forcing more and more people into rental accommodation, according to new findings.

Read Article ... Published on 6th March, 2014

Demand for rental properties soars in London

Demand for rental properties soars in London

The demand for rental properties in London has increased, according to new findings.

Read Article ... Published on 27th February, 2014

Property prices on the rise in London

Property prices on the rise in London

The price of property in London is set to soar - leaving millions of people unable to buy their own home.

Read Article ... Published on 26th February, 2014

Paying off mortgages will take longer for younger generations

Paying off mortgages will take longer for younger generations

Getting on the property ladder is proving costly for many people, according to new research.

Read Article ... Published on 10th February, 2014


 

City of London

Borough Map City of London

Try another area of London

Average Monthly Rent in London

  Studio 1 Bed 2 Bed 3 Bed
Area 1 £1331 £1779 £2604 £4165
Area 2 £863 £1122 £1532 £1994
Area 3 £669 £881 £1183 £1450
Area 4 £615 £780 £1028 £1185
Area 5 £574 £719 £884 £1038

This is only a guide to average relative rents across London. Expect local variations due to condition & location. Click on an area to see price and area guides for that area.

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