Fees & Terms and Conditions

Our Fees & Terms and Conditions

Reference Fees

The reference fee is £90 (£75 + VAT) per adult.

Tenancy Administration Fee

The administration fee is £120 (£100 + VAT) per tenancy. This covers the cost of the administration associated with processing the tenancy, including the cost of the Tenancy Agreement.

Deposit Registration Fee

Your Security Deposit will usually be held by Gibson Honey as stakeholder and where applicable, this will be registered with the Tenancy Deposit Scheme (TDS). There is a fee of £60 (£50 + VAT) as the tenant’s share of the cost of registering the deposit with the TDS. For further information, see What is the Tenancy Deposit Scheme.

Change of Tenancy Terms

Subject to the landlord’s agreement and written consent, should there be any change to the identity of the tenants or the occupiers, a fee of £120.00 (£100 + vat) will be payable by the tenant to cover the cost of administration including the cost of the Tenancy Agreement.

Renewal Tenancies

If your tenancy is renewed, there will be a charge of £60.00 (£50.00 + VAT) to cover the cost of administration.

Payment of Rents

The first months’ rent is payable in advance before the start of your tenancy and subsequent payments should be paid by standing order (unless agreed otherwise) to arrive on or before the due date as specified in your Tenancy Agreement. In the case of late rent payments to Gibson Honey, administration fees will apply as follows:

First Rent Reminder

No charge

Second Rent Reminder

£30.00 (£25.00 + VAT)

Further Rent Reminders

£30.00 (£25.00 + VAT)

Tenancy Application

We provide a Tenancy Application form that can be downloaded here.

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