Trust Account Compliance for Estate Agencies
A sales record doesn’t protect your Fidelity Fund Certificate.
PPRA-aligned trust oversight to secure your license to trade. Independent verification for rental books and sales deposits.
It’s Not “Admin.” It’s Your License.
For Estate Agencies, the Trust Account is the license to operate. Under PPRA regulations, the mismanagement of General or Designated Trust Accounts puts your Fidelity Fund Certificate (FFC) at risk.
If your administrator resigned tomorrow, would your compliance system walk out the door? Many Principals leave their FFC protection entirely in the hands of a single admin staff member. If they make a mistake, or if they leave, the agency’s ability to trade stops.
Do you recognise these 3 signs of exposure?
- The Commingling Risk: Do your rental funds and sales deposits sit in a single, messy pot? Commingling is the #1 trigger for PPRA audit findings.
- Commission Drift: Are you moving business income (commission) out of the trust account fast enough? Leaving business income in Trust for too long is a regulatory violation.
- The “Unallocated” Black Hole: Do you have deposit interest or unknown credits sitting unallocated? Auditors view these as evidence of poor control.
Secure Your License to Trade.
Stop treating trust compliance as an administrative nuisance. It is the foundation of your business.
How Bletchleys Stabilises Your Agency:
FAQ
Q: Is this only relevant before audit season?
A: No. Trust compliance must be consistent year-round. If you wait for audit season to fix errors, it is often too late to save the FFC.
Q: Does this replace our admin staff?
A: No. We support them. We provide the high-level oversight they need to ensure their work meets PPRA standards.
Trusted Partners in Cloud Accounting
Proudly working with Sage, Xero, and QuickBooks to keep your business compliant, efficient, and in control.
