Insure for the right rebuild cost.
RICS-regulated reinstatement cost assessments establishing the accurate rebuild cost of your property for buildings insurance purposes, protecting you from the financial risk of underinsurance.
What our Reinstatement Cost Assessments service delivers.
A RICS reinstatement cost assessment (RCA) establishes the accurate rebuild cost of your property for buildings insurance purposes. Our assessments protect landlords, occupiers, and asset managers from the financial risk of underinsurance at the point of claim.
Eliminates Underinsurance Risk
An accurate RCA ensures your sum insured reflects the true rebuild cost, protecting you from significant financial exposure at the point of claim.
RICS-Compliant Methodology
Our assessments follow RICS guidance and current BCIS (Building Cost Information Service) cost data, providing a defensible and credible valuation.
Insurance-Ready Report
Reports are formatted for direct submission to your insurer or broker, meeting underwriter requirements without amendment.
Reinstatement Cost Assessments in Practice
Blocks, offices & commercial assets. Drag to explore
Technical Elevation Repairs
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Property Maintenance
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Reinstatement Cost Assessment
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Reinstatement Cost Assessment
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Reinstatement Cost Assessment
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Reinstatement Cost Assessment
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Reinstatement Cost Assessment
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Property Advice
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Planned Preventative Maintenance
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Development Advice
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Maintenance Advice
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Ongoing Property Maintenance
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A clear path from start to finish.
Desktop Review
We review existing drawings, previous assessments, and property information to prepare for the site inspection.
Site Inspection
Our RICS surveyor inspects the property to assess construction type, specification, gross internal area, and condition.
Cost Modelling
The rebuild cost is calculated using RICS-approved methodology and current BCIS cost data, accounting for demolition, professional fees, and statutory costs.
Report Delivery
A clear, insurance-ready RCA report is delivered for submission to your insurer or broker, with recommendations on review frequency.
The trusted choice for commercial property clients
RICS Regulated
Every surveyor is RICS-chartered and subject to mandatory CPD and professional standards.
Fully Insured
All instructions are covered by comprehensive professional indemnity insurance for your protection.
Independent Advice
No conflicts of interest. Our advice is always in your interests as our client.
24-Hour Response
We respond to every enquiry within 24 hours and deliver on the timescales we agree.
Related services
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RICS-regulated building surveys for commercial property across the UK.
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Planned Maintenance
Long-term planned preventative maintenance strategies for commercial property assets.
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Lease Advice
Expert advice on repairing obligations, break clauses, and landlord and tenant matters.
Learn morearrow_forwardReady to discuss your Reinstatement Cost Assessments requirements?
Phone
020 3178 8099Address
17 Hanover Square, London W1S 1BN
Your property, thoroughly surveyed and fully protected.
Frequently Asked Questions
Common questions about our Reinstatement Cost Assessments service for commercial and residential property clients across London and the UK.
What is a reinstatement cost assessment (RCA)?
A reinstatement cost assessment establishes the full cost of rebuilding a property if it were destroyed, including demolition, site clearance, professional fees, and compliance with current Building Regulations. It is the figure your buildings insurance should be based on, not the market value. Botley Byrne prepare RICS reinstatement cost assessments across the UK.
Why do I need an RCA and how often should it be updated?
Insuring on an inaccurate figure risks serious underinsurance and a reduced payout at claim. Building costs change over time, so we recommend a full reinstatement cost assessment on acquisition and a review every one to three years, with an index-linked uplift in between, to keep your cover accurate.
How much does a reinstatement cost assessment cost in the UK?
Fees reflect the size, type, and complexity of the building. For most commercial and residential blocks it is a small annual cost set against the financial risk of being underinsured. We provide a fixed fee up front. Contact us for a tailored quotation; we respond within 24 hours.
What is the difference between reinstatement cost and market value?
Market value is what a property would sell for, including land and location. Reinstatement cost is what it would cost to rebuild the structure. They can differ substantially. Insuring on market value often leaves a building either over- or, more dangerously, under-insured. Buildings insurance should always be based on the reinstatement cost.
What happens if my building is underinsured?
If the sum insured is below the true rebuild cost, insurers can apply "average" and reduce a claim proportionately, even a partial-loss claim, leaving you to fund the shortfall. An accurate RICS reinstatement cost assessment removes that risk and supports a full recovery.
Are your reinstatement cost assessments RICS-regulated?
Yes. Our RCAs are prepared by RICS-chartered surveyors within a RICS-regulated firm and are backed by professional indemnity insurance, the standard insurers and brokers across the UK rely on.