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Block manager Rebuild Cost Assessment
Block Managers

Compliant figures across every block you manage.

As block manager, the obligation to insure at full rebuild cost sits with you. RICS-regulated assessments across every block you manage - documented, defensible, and accepted at renewal without challenge.

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RICS Regulated Firm
The Compliance Burden

Every block you manage needs a regular RICS review.

RICS guidance requires formal reassessment at least every three years, with annual inflation adjustments in between. Across a portfolio of blocks, keeping every renewal cycle on track is a material compliance obligation.

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3-Year Review Cycle

Formal reassessment at least every three years, with annual BCIS-indexed adjustment in between.

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Portfolio Scheduling

A single consolidated schedule keeps every block in your managed portfolio on a compliant cycle.

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PI Protection

A RICS-regulated report provides the defensible methodology your professional indemnity cover needs.

The Compliance Burden

Every block you manage needs a regular RICS review.

RICS guidance requires formal reassessment at least every three years, with annual inflation adjustments in between. Across a portfolio of blocks, keeping track of each renewal cycle - and ensuring no property lapses - is a material compliance obligation.

When figures lapse or an online calculator is used in place of a regulated assessment, your professional indemnity exposure increases significantly. In any underinsurance dispute, only a RICS-regulated report provides a defensible methodology.

Discuss Your Portfolio

3-Year Compliance Cycle

How RICS guidance applies to your managed blocks

Year 1

Full RICS Assessment

Base rebuild cost established by a RICS-regulated surveyor. Report issued in broker-ready format.

Year 2

BCIS-Indexed Update

Annual inflation uplift applied using BCIS data. Renewal-ready report issued before your renewal date.

Year 3

BCIS-Indexed Update

Second annual uplift. Three-year RICS compliance maintained - no re-instruction required.

What Block Managers Get

  • 24-hr desktop turnaround

    Broker-ready report issued within 24 hours of instruction for standard blocks.

  • Portfolio schedules

    A single summary schedule covering all blocks in your managed portfolio - one document for renewal season.

  • Managed renewals

    We track each block's review date and issue renewal-ready reports before you need them - no chasing required.

  • Single-invoice billing

    One consolidated invoice per portfolio instruction. No per-block admin.

  • Named surveyor throughout

    One point of contact across your entire portfolio, from instruction to report delivery.

How We Work With Block Managers

One instruction covers your entire managed portfolio.

We work with block management firms of all sizes - from a handful of blocks to portfolios of hundreds. A single instruction to us triggers a coordinated assessment across every property, with individual reports per block and a consolidated portfolio schedule.

Our 3-Year Protection Plan means you instruct once and we handle all subsequent renewals, including annual BCIS-indexed updates, so compliance is maintained without any re-instruction or admin from your team.

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Our Services

Built for block management firms.

Portfolio Scale

One instruction covers every block in your managed portfolio. Individual RICS-regulated reports per property, plus a consolidated summary schedule for your records and insurers.

Request a portfolio quote →

Managed Renewals

We track every block's review date. Annual BCIS-indexed updates and full reassessments are issued before each renewal without any re-instruction from your team. Three-year RICS compliance, fully managed.

Enquire about 3-Year Protection →

24-hr Desktop

Standard desktop assessments are delivered within 24 hours of instruction. Broker-ready format, RICS-regulated methodology, PI-insured and accepted at renewal without challenge.

Instruct a desktop assessment →
Why Stearling Reinstatement

The trusted choice for homeowners.

RICS Regulated

Every assessment is carried out by or under the supervision of a RICS-registered member.

Fully Insured

Every instruction is covered by comprehensive professional indemnity insurance for your protection.

24-Hour Response

We respond to every enquiry within 24 hours and deliver on the timescales we agree.

Insurer-Ready Report

A clear, defensible figure accepted by every UK insurer and broker, without amendment.

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FAQ

Common questions.

Questions from block management firms about Rebuild Cost Assessments.

Yes. Where your management agreement requires you to arrange buildings insurance at full rebuild cost, failure to commission a current RICS-regulated Rebuild Cost Assessment exposes you to a personal negligence claim from leaseholders if a claim shortfall arises. A current Rebuild Cost Assessment is the documented evidence that you discharged that duty correctly.

Online insurer rebuild tools and calculators carry no professional accountability, no RICS regulation and no professional indemnity insurance. In any underinsurance dispute they provide no documented methodology and offer no legal defence. Only a RICS-regulated Rebuild Cost Assessment (rebuild cost assessment) gives you a professionally defensible declared value.

Contact us with your portfolio details. We issue a consolidated Rebuild Cost Assessment quote covering all blocks, with individual RICS-regulated reports per property and a portfolio summary schedule under a single engagement letter no repeat admin, no separate invoices per block.

A RICS-regulated Rebuild Cost Assessment is the standard of evidence accepted by UK courts, the First-tier Tribunal (Property Chamber) and the Property Ombudsman. Our Rebuild Cost Assessment reports are produced to that standard and are defensible to that level of scrutiny providing the block manager with a documented, professional position.

Property address, approximate gross internal floor area, construction type, number of storeys, and any specialist features such as listed status or non-standard construction. We issue a simple instruction form on confirmation. The process takes minutes and we can work with estimates at the enquiry stage.