Planning to visit London as a backpacker? Worried you’ll spend a fortune? With thousands of people flocking to the capital every summer, prices can go through the roof.

So if you’re looking for cheap accommodation, half-price theatre tickets and mouth-watering discounts at top London restaurants, this is the one-stop place to be. Scroll down for sneaky ways to save money on your trip to London.

Use Airbnb

Accommodation in London is ridiculously over priced – and if you’re here to see the city, how much time will you actually spend in your room? Airbnb is a great alternative to hotels and you can get a private room for as little as £10 – cheaper than a dorm! Another reason we love this option is that there are cooking facilities included so you can make your own food – a great way to save money.

Want to stay for free? Head over to Couchsurfing asap.

• Don’t stay in central London

There’s no need to stay in central London! Look for accommodation further out that’s within walking distance of a tube station. North London is a good option so choose areas on the Northern (black) Victoria (light blue) or Piccadilly lines (dark blue). You can be on Oxford Street in less than 15 minutes!

Money-saving tips for London - Best areas to stay- Backpackers - Tube mape - Fabulous Travel Guide

•    Download CityMapper

CityMapper is a newbie’s best friend in London. This smartphone app will show you the cheapest/fastest way to get to your destination and we can’t recommend it enough. For those of you who aren’t travelling with 3G, use CityMapper before leaving your hotel/hostel and save the info in your hand. If you’re bad with directions, this will be a life saver.

• Tube or bus?

Buses are generally the cheapest way to travel around London (£1.50 per journey) but they can take much longer. It’s also worth noting that if you need to get two buses to reach your destination, you’ll need to pay for each leg of the journey,

The tube is faster but slightly more expensive (from £2.40 per journey). No need to buy an Oyster card anymore. Simply tap on with your credit card for the best fares.

Staying for a week? Consider getting a weekly ticket as this can save you up to £15. and can be used on the tube AND bus. Lucky enough to be staying in central London? Most places are within walking distance, so do your research before you head out.

•    Save 50% at top London restaurants is the food-lovers’ bible in London. Not only does it offer unbeatable discounts on top restaurants (up to 50% off), you can book online, search by area and collect points towards a free meal.

•    Snap up last-minute theatre deals

Fancy going to the theatre in the West End? TKT booths in Leicester Square offer fantastic deals not to be missed. Buy them on the day for up to 50% off standard prices.

•    Visit the free attractions

London has hundreds of free attractions. See Buckingham Palace, Houses of Parliament relax in one of London’s gorgeous green parks. Looking for rainy-day activities? Head to the Science museum or Tate Modern.

TOP TIP: Don’t bother with the official sightseeing buses as they cost a fortunate. Instead catch the regular London buses and plan your own route.

Looking for more unusual things to do in London? Keep reading!

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