It is vital that a property is adequatley insured. If not, it is very possible that you may not be able to recover the full cost of repairs if you have to claim.
The RICS have introduced guidance to help on this issue. They recommend that insurance policies are reviewed annually through a desk based exercise to allow for inflation and minor alterations, and that every three years there is a full review by a surveyor, with site visit.
A full review should also be undertaken whenever a property undergoes any extensive alterations .
Spencer Bray can undertake building reinstatement assessments for range of property types.
To make sure you get the best advice please contact us – we’d be happy to help.