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Compliant figures across every block you manage.

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

Block manager Reinstatement Cost Assessment

RICS-regulated figures across your entire managed portfolio.

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 reinstatement 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.

FAQ

Common questions.

Questions from block management firms about Reinstatement Cost Assessments.

Yes. Where your management agreement requires you to arrange buildings insurance at full reinstatement cost, failure to commission a current RICS-regulated Reinstatement Cost Assessment exposes you to a personal negligence claim from leaseholders if a claim shortfall arises. A current Reinstatement 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 Reinstatement Cost Assessment (rebuild cost assessment) gives you a professionally defensible declared value.

Contact us with your portfolio details. We issue a consolidated Reinstatement 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 Reinstatement Cost Assessment is the standard of evidence accepted by UK courts, the First-tier Tribunal (Property Chamber) and the Property Ombudsman. Our Reinstatement 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.