Whether you are an owner, investor or occupier; a reinstatement cost assessments (RCA) will calculate the total rebuild cost of your property for insurance purposes. Typically, these are re-calculated every three years or following significant building alterations with the aim to ensure your investment is appropriately insured at the correct level.
Innes England’s team of highly experienced, chartered surveyors undertake RCAs on a regular basis, often working on annual renewals. We work closely with colleagues in our Property Asset Management and Professional Services departments and third-party services as required to give you a detailed appraisal of the insurance assessment. We have successfully delivered RCA’s for individual properties through to large property portfolios.
Our aim is to prevent any potential loss in the event of being under-insured, by ensuring you have the correct level of insurance for your property. Conversely, it may save you money if a property was previously over-insured and high premiums were being paid unnecessarily.
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DownloadThe Cost Assessments team at Innes England comprises highly skilled professionals, each bringing a wealth of experience and expertise in commercial property. Renowned for their market insights and extensive network, which they leverage to provide the best outcomes for our clients. Please get in touch with them to discuss your needs:
DIRECTOR | HEAD OF BUILDING CONSULTANCY
BUILDING SURVEYOR | BUILDING CONSULTANCY
Explore our case studies to see how Innes England’s expertise has successfully guided clients across various sectors in the property market.
The Challenge: Innes England were instructed to secure a new tenant, manage the outgoing tenant’s dilapidations obligations and carry out required repairs to the property to facilitate a new letting. The project required close collaboration between our Agency & Development and Building Consultancy teams to meet tight timelines and maximise the property’s value.
The Challenge: Innes England began working with the Nottingham Building Society in 2021, providing strategic advice on branch disposals and lease events. As part of a long-term plan to maintain and strengthen their high street presence, the Nottingham Building Society was looking to relocate to a more prominent branch location in Nottingham City Centre. This move needed to be carefully timed with the disposal of their existing site on Upper Parliament Street, while also accommodating the fit-out period for the new premises to ensure continuity of service.