Reinstatement Cost Assessments
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.
RICS Regulated
Standard
Buildings Insurance
Use
Every 3–5 Years
Review Cycle
UK-Wide
Coverage
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.
Our reinstatement cost assessments service supports the full range of commercial and residential property clients:
24-Hour Response Guaranteed
Botley Byrne responds to all enquiries within 24 hours. Contact us today to discuss your requirements with a named RICS-chartered surveyor.
The benefits of our Reinstatement Cost Assessments service
Every instruction is delivered by an experienced RICS-chartered building surveyor with a focus on protecting your commercial interests.
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.
Regular Review Scheduling
We advise on review cycles appropriate to your property type and help you maintain compliant, up-to-date valuations across your portfolio.
All Commercial Property Types
Offices, retail, industrial, hotels, leisure, mixed-use, and specialist commercial property across the UK.
Our Reinstatement Cost Assessments process
A clear, structured process from instruction to delivery, keeping you informed at every stage.
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.
Frequently Asked Questions
Common questions about our Reinstatement Cost Assessments service for commercial and residential property clients across London and the UK.
Why is a reinstatement cost assessment important?
If your property is underinsured, your insurer may only pay a proportion of a claim — even for a partial loss. An accurate RCA ensures your sum insured reflects the true cost to rebuild the property from scratch, including demolition, professional fees, and VAT where applicable.
How often should I update my reinstatement cost assessment?
RICS guidance recommends a full RCA at least every three to five years, with desktop reviews in interim years. Building costs can change significantly over time, making regular updates essential to avoid growing underinsurance.
Does an RCA cover the market value of the property?
No. A reinstatement cost assessment is not a market valuation. It establishes the cost to rebuild the property to its existing specification, which may be significantly higher or lower than its market value depending on location, land value, and construction specification.
Related Services
Building Surveys
RICS-regulated building surveys for commercial property across the UK.
Planned Maintenance
Long-term planned preventative maintenance strategies for commercial property assets.
Lease Advice
Expert advice on repairing obligations, break clauses, and landlord and tenant matters.
Ready to discuss your Reinstatement Cost Assessments requirements?
Phone
020 3178 8099Address
17 Hanover Square, London W1S 1BN
Your property, thoroughly surveyed and fully protected.