Are you paying too much for buildings insurance - or worse, are you underinsured?
An insurance reinstatement valuation (also known as a reinstatement cost assessment or building sum insured) is the only way to ensure your coverage is accurate, and refers to the amount it would cost to rebuild the entire building from scratch in the event of catastrophic damage. It assumes a total loss scenario and therefore includes costs of;
In order to provide insurance coverage for the premises, almost all insurance providers will require an insurance reinstatement valuation to be carried out by a qualified professional. Calculating the reinstatement cost of a building is a highly technical and complex process, but accuracy is vital to;
Our valuations use the most up to date data provided by the Royal Institution of Chartered Surveyors Building Cost Information Service.
A full report is provided giving a summary of reinstatement cost for insurance reinstatement purposes only but does not contain
any advice concerning the condition of the property or possible defects therein.
Jack Benjo
Chloe MarshallHighly recommended. An appointment was booked very promptly and was very professional . Would use in the future .
Sylvia Spencer- MountneyAndrew was extremely helpful with my queries prior to the survey. The report was thorough and extensive. It also contained details of possible future repairs. Thanks to Sandrine who was friendly and helpful guiding me through the process. I highly recommend this company.
Jack StampsAndrew did a great job with our shared ownership valuation, and was attentive and helped alleviate any questions we had.
Kevin BraggAndrew’s Level 3 Survey report for our potential purchase of a 375-year-old house provided exactly the right amount of detail for us to be able to negotiate with the vendor over any perceived issues. Communication with Lockwood was excellent before and after the survey was done and we would highly recommend them to others.
Lindsey BunceWe had a great experience with Charles, who carried out a valuation of our property. He was professional, knowledgeable and friendly throughout, taking the time to explain everything clearly. We really appreciated his helpful and straightforward approach. Thanks also to Sandrine and Andrew who were so helpful and accommodating when we needed to change the date. We would definitely recommend Lockwoods to anyone looking for a reliable and professional property valuation service
Copyright Lockwood Surveyors Ltd 2026. Regulated by RICS | Lockwood Chartered Surveyors is the trading name for Lockwood Surveyors Ltd (Company No. 15564043) | Registered in England. Pitts Hill Farmhouse, Pitts Hill, Saxlingham Nethergate, NR15 1PB.
I would highly recommend Lockwood Chartered Surveyors. Andrew is very knowledgeable he’ll guide you on the right path with whatever questions you may have after they have completed the survey!
They are very quick at you receiving the report which was very handy for me as I can then raise any enquiries with my solicitor!
Highly recommend!