Building Reinstatement Cost Assessment
Have you had a BRCA in the last 3 years?
RICS recommends a full reinstatement assessment every 3 years. Your answer to that one question decides what happens next.
Yes
How sure are you of the figures?
RICS also recommends a desktop review every 12 months in between. If you're not certain the numbers still hold, it's worth a second look before your next renewal.
No
Send us your lease. The review's free.
In around 90% of cases, the cost of the assessment is recoverable from the tenant under the lease — so finding out costs you nothing.
Lease — Insurance & Service Charge Provisions
4.3 The Landlord shall insure the Property for its full reinstatement value, such value to be reassessed periodically by a qualified surveyor.
4.4 The cost of any such reinstatement valuation shall be recoverable from the Tenant as an insurance rent, payable on demand.
This is the line most landlords already have — and the one that funds the assessment we carry out.
Clause 4.4
Free, no obligation
Not sure if your lease qualifies? We'll check it for you.
Send us your lease, or upload it below. Within 48 hours, a Chartered member of our team will be in touch to walk through what your lease allows and what a BRCA review would look like for your property.
How it works
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03
Send or upload your lease
Just the insurance and service charge clauses are enough if that's easier to hand.
We review it — free of charge
Our team checks it for reinstatement and cost-recovery provisions.
Hear back within 48 hours
A Chartered member of staff calls to discuss your options — no pressure, no obligation.
What it is
A Building Reinstatement Cost Assessment, explained.
A professional valuation of what it would actually cost to demolish and rebuild your property from scratch — not its market value, not an indexed guess carried forward from the last renewal, but a construction-cost-based figure used to set your buildings insurance correctly.
RICS guidance
Full assessment every 3 years
RICS recommends a complete, on-site BRCA every three years, with a lighter-touch desktop review every 12 months in between to catch cost inflation, rebuilding rate changes, and anything altered at the property since the last full survey.
Why the accuracy matters
Small errors, large numbers
Reinstatement figures are set per square foot. Get that figure wrong by even £1 per sq ft, and on a typical commercial building that's an unnecessary premium running into thousands of pounds — every single year, until someone checks it.
The number that matters most
In around 90%
of the commercial leases we review, the cost of the assessment itself is recoverable from the tenant — meaning correcting years of overinsurance can cost the landlord nothing to find out.
The gap
Two numbers usually don't match — and one of them is expensive.
What's happening now
Sums insured are guessed, not assessed
Buildings insurance is frequently renewed on an indexed figure from years ago, not a current reinstatement cost. That gap shows up at the worst possible moment — after a loss, at claim stage, as underinsurance.
How it runs
What BRCA gives you
An accurate, defensible reinstatement figure
A RICS-qualified assessment of the true cost to rebuild — used to set the sum insured correctly, and to justify the premium and the service charge recovery to tenants without dispute.
We assess the building, not the insurance schedule
A qualified surveyor visits the property and values reinstatement from construction cost first principles — build type, fabric, services, and current rebuild rates for the region.
Three stages, one instruction.
01 -
Survey
A report your broker and your tenants can both rely on
Clear enough to sit alongside the insurance renewal, and precise enough to withstand a tenant querying the service charge line it's billed through.
02 -
Report
The fee goes back through the lease it's provided for
We identify the specific clause your lease uses for cost recovery and provide the report in the form your managing agent needs to bill it on.
03 -
Recovery
Is this you?
Built for landlords, investors and councils holding the insuring obligation.
You're a landlord or investor with FRI or insuring leases — portfolio or single-asset
You manage property on a landlord's behalf and handle the service charge or insurance rent
You're a council asset or estates team responsible for commercial property insurance
Your buildings sum insured hasn't been independently reassessed in 3+ years
Industrial, retail or office assets — the exposure is the same across sectors
You're a broker or solicitor who's flagged a possible underinsurance gap for a client
Get a free review of your lease.
Send your lease or upload it here. A Chartered member of our team will be in touch within 48 hours to talk through your options — no cost, no obligation.
Awards &
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