My husband and I will be in London for 3 days in mid-May. We are looking for a good and economical Hostel or B&B in Central London. Any suggestions would be great! :)
The Blades Hotel, 122 Belgrave Road, Pimlico, London. Phone #011 44 20 7976 5552
Try "London Home to Home", or "At Home in London" [google for URLs] - they each have houses all over London and nearby suburbs with a variety of room sizes and types for modest prices. Two of us stayed with Bridget in Chiswick in April 2007, full breakfast and shared bath, for 55 GBP/night. You can stay closer in for a bit more money; the websites give lots of options.
Earl's Court Youth Hostel. Easy access to Earl's Court tube station and situated in a quiet neighborhood.
Good Luck!