London · 2025-26
Business Rates in Lambeth
Businesses in Lambeth paid £180.7m in net business rates during 2025-26, above the average English council's £93.2m.
Are you paying too much in Lambeth?
Check your rateable value and relief eligibility in about 60 seconds. Free, no sign-up.
Relief granted in Lambeth
Share of £48.0m total relief, 2025-26.
Lambeth at a glance
Lambeth granted £48.0m in relief overall, higher than the national council average of £26.3m. This included £9.3m in Small Business Rate Relief and £11.2m in retail, hospitality and leisure relief.
A further £23.4m went to charity relief and £1.1m to empty property relief, reflecting the mix of ratepayers across the local authority.
Lambeth has an estimated 13,255 active businesses, according to the latest ONS Business Counts (2025).
Lambeth ranks 104 out of 296 local authorities in England on the 2025 Index of Multiple Deprivation, where 1 is most deprived and 296 is least deprived.
Following the 2026 revaluation, the total rateable value of office property in Lambeth rose by 11.3% — if this pushed your assessment too high, an appeal may be worth considering.
Frequently asked questions
How much are business rates in Lambeth?
Lambeth's local authority collected £180.7m in net business rates income during 2025-26, based on the national multiplier applied to each property's rateable value, less any relief granted.
What reliefs are available in Lambeth?
Lambeth granted £48.0m in business rates relief in 2025-26, including £9.3m in Small Business Rate Relief, £11.2m in retail, hospitality and leisure relief, £23.4m in charity relief, and £1.1m in empty property relief.
How do I know if I'm overpaying?
If your rateable value looks high compared to similar properties nearby, or you're not currently receiving relief you may be entitled to, it's worth checking your assessment. Use our free checker to compare your rateable value and see if you may be eligible for a reduction or backdated refund.
Lambeth compared with London and England
- Average rateable value
- £49,473£15,448 below the London average (£64,921)£15,483 above the England average (£33,990)
- Largest sector by value
- Other commercial property, 34.7%10.9 percentage points above its 23.8% share in London
- Total rateable value, 2023 to 2026 list
- +26.6%London: +22.5%England: +19.6%
Counts and rateable values are from the stock of properties at March 2026, on the 2023 rating list. Changes are from the 2026 revaluation, comparing the 2023 rating list with the 2026 rating list.
Property mix
On average rateable value, Lambeth sits 37th among England's 296 councils at £49,473, which is 12th of 33 in London. Retail property makes up the largest share of Lambeth's rateable properties (34.0%), but other commercial property carries the most rateable value (34.7%).
In Lambeth, retail is 34.0% of rateable properties and 19.7% of rateable value; across London the figures are 28.9% and 19.7%. 100 rateable properties in Lambeth were rated at £500,000 or more at March 2026, which is 0.6% of the national total, and 140 on the 2026 list.
Change at the 2026 revaluation
Only 1 of the 32 other councils in London saw a stronger change in total rateable value at the 2026 revaluation than Lambeth's +26.6%. Other commercial property saw the biggest rise in Lambeth: total rateable value up 48.3% between the 2023 and 2026 lists, against +44.5% for other commercial property across London. Even the weakest sector in Lambeth, office property, rose 11.3% in total rateable value at the 2026 revaluation, against +14.4% for office property across London.
Reliefs
Total relief granted in Lambeth equalled 19.7% of gross rates payable in 2025-26, below the 21.2% across English councils taken together. Of the four main reliefs, charity relief accounted for the most in Lambeth: 48.8% of the total, above the England figure of 29.7%.
Source: HM Revenue & Customs, using Valuation Office Agency data, and MHCLG relief returns. Open Government Licence v3.0. Method and rounding: /methodology.
See how Lambeth compares with the rest of the region: Business rates in London, State of Business Rates in England 2026 →
Nearby areas
Compare with other councils in London
Other London councils with their average rateable value, listed from the closest to Lambeth's £49,473.
- Business rates in Barking & Dagenham£46,375 average rateable value, £3,098 lower than Lambeth
- Business rates in Enfield£45,159 average rateable value, £4,314 lower than Lambeth
- Business rates in Kingston-upon-Thames£44,692 average rateable value, £4,781 lower than Lambeth
- Business rates in Hammersmith & Fulham£56,779 average rateable value, £7,306 higher than Lambeth
- Business rates in Tower Hamlets£57,398 average rateable value, £7,925 higher than Lambeth
- Business rates in Islington£57,512 average rateable value, £8,039 higher than Lambeth
Figures from MHCLG National Non-Domestic Rates statistics (2025-26), ONS UK Business Counts (2025), and English Indices of Deprivation (2025).
Updates for Lambeth
By email.