Reinstatement cost assessment in Clapham?
Blakes prepared a reinstatement cost assessment at Chelsham Road, Clapham, SW4. We advise freeholders, resident management companies and managing agents across Clapham, SW4 on rebuilding cost for insurance purposes.
Under-insurance exposes a building to averaging in the event of a claim. Assessments should be reviewed periodically rather than indexed indefinitely.
Instructions recieved by freeholder to prepare Reinstatement Cost Assessment for Insurance Purposes. The property had not been assessed for many years leaving the lessees and freeholder at risk of potential under/over insurance.
Our surveyors inspected and measured the development and grounds in order to calculate an appropriate rebuilding cost in which to base buildings insurance cover, known as the ‘Declared Value’.
Blakes Chartered Surveyors have extensive experience in the preperation of Reinstatement Cost Assessments (often referred to as Insurance or Fire Valuations) for houses, small flat conversions, large purpose built blocks of flats right through to 300 unit mixed use developments incorporating residential and commercial use.
We act for freeholders, resident management companies, block and property management companies and insurance brokers. Please contact us to discuss your requirements.
