Moving to London Tips – The True Cost of Driving in London
It’s been said a number of times; living in London is expensive and driving in London is a nightmare. Our top moving to London tips cover all aspects of your relocation to London and give you some great advice when you’re planning your move.
Moving to London Tips: You Don’t Need a Car!
The biggest thing with owning a car in London is that it is not really needed. The public transport system is efficient and great value for money. It is however nice to own a car so you can get out of your London apartment every now and again, and see a bit of the countryside that England is famous for.
If you do have a car though, and can brave the traffic, there are a number of extra costs you’ll have to factor into your budget. There are also quite a few ways that you can save money if you’ve got your London smarts about you.
The costs of owning a car in London:
Congestion Charge: If you are going to drive the city streets you’ll have to cough up at least £11.50 for each day that you drive in central London within the congestion zones. The fee can be paid online before midnight on the day before you travel. TfL (Transport for London) has a great website where you can make arrangements to pay the congestion charge online and pay in advance for up to 90 days.
Car Tax: This is a tax levied on all types of cars. You are charged depending on the type of car that you own and if you have a newer model electric car or an eco-friendly car the rate is substantially less than the £155 annual fee for older cars.
MOT and Insurance: BEFORE you can get around to paying car tax your vehicle has to have passed a roadworthy test (MOT) and be fully insured. If you have insufficient insurance or an overdue MOT, you will not be allowed to tax your car and therefore not able to drive it. Remember too that an MOT test is required every year for vehicles older than three years.
Our moving to London tips will help you plan ahead when you’re planning your relocation to London in 2015. For more information, (Ask Us Anything!) about moving to London planning, please complete the webform here or give us a call on 1-800-903-1658 (US and Canada – Toll Free) or +44 207 993 0422 (UK) and we’d be delighted to answer any of your questions.