What is a qualifying long term agreement (QLTA)

A QLTA is an agreement with a contractor to provide goods or services, which runs more than 12 months and which results in leaseholders incurring an individual charge of at least £100 per year.

More about QLTA’s

QLTA’s could include carrying out major works such as fitting a door entry system or supplying services such as Buildings Insurance cover.

We enter into QLTA’s to try and get a better deal on our major repairs costs.

When we enter into a QLTA with a contractor it means that one specific contractor will provide a certain type of works for us at a pre-agreed price for the length of the contract. For example, we could have a QLTA with a contractor to fit all our door entry system for the next 3 years.