Rebuild Cost Assessments across the UK.
RICS-regulated rebuild cost assessments establishing the accurate cost to rebuild your property for buildings insurance purposes, protecting you from the financial risk of underinsurance.
What our Rebuild Cost Assessments service delivers.
A RICS rebuild cost assessment establishes the accurate cost to rebuild 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 rebuild cost assessment 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.
Two ways to get your rebuild cost.
We offer both desktop assessments and on-site surveys, and will always recommend the option best suited to your property.
Desktop Assessment
A cost-effective rebuild cost assessment based on floor plans, property particulars, and comparable BCIS cost data, without a physical site visit.
- check_circleIdeal for standard residential properties and straightforward layouts
- check_circleFast turnaround, typically within a few working days
- check_circleRICS-compliant methodology using current BCIS cost data
- check_circleLower cost than a full on-site survey
On-Site Survey
A full physical inspection by a RICS surveyor, essential for commercial, listed, or architecturally complex buildings where construction type and specification cannot be reliably assessed remotely.
- check_circleIdeal for offices, retail, industrial, hotels, and mixed-use buildings
- check_circleVerifies construction type, specification, and gross internal area on site
- check_circleCaptures non-standard features, extensions, and unique specifications
- check_circleThe most robust, insurer-ready basis for your sum insured
Rebuild Cost Assessments in Practice
RICS rebuild cost assessments for blocks of flats, offices & commercial buildings across the UK. Drag to explore
Technical Elevation Repairs
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Property Maintenance
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Rebuild Cost Assessment
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Rebuild Cost Assessment
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Rebuild Cost Assessment
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Rebuild Cost Assessment
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Rebuild 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 RICS rebuild cost assessment establishes the accurate cost to rebuild 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. This service is typically instructed by Landlords & Property Owners, Asset Managers, Property Investment Funds, Occupiers, Lenders, and Managing Agents.
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.
Ready to discuss your Rebuild Cost Assessment?
Phone
020 3178 8099Address
17 Hanover Square, London W1S 1BN
RICS regulation means professional indemnity insurance, a formal complaints procedure, and surveys to RICS-mandated standards.
Related services
Building Surveys
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_forwardWe recommend reinstatementcostassessment.org for further reading on rebuild cost assessments.
Frequently Asked Questions
Common questions about our Rebuild Cost Assessments service for commercial and residential property clients across London and the UK.
What is a rebuild cost assessment?
A rebuild 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 rebuild cost assessments across the UK.
Why do I need a rebuild cost assessment 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 rebuild 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 rebuild 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 rebuild cost and market value?
Market value is what a property would sell for, including land and location. Rebuild 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 rebuild 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 rebuild cost assessment removes that risk and supports a full recovery.
Are your rebuild cost assessments RICS-regulated?
Yes. Our rebuild cost assessments 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.