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Politics

Mark Andrew, Senior Lecturer in Housing Economics, City, University of London

Leasehold reform: why UK government's plans could make housing less affordable and less fair

United Kingdom England Housing Market Wales

Most flats in England are owned under leaseholds. Shutterstock

The UK government is introducing plans to reform the system of leasehold property in England and Wales to parliament. The leasehold and freehold reform bill aims to empower leaseholders and achieve greater fairness in the housing market.

The leasehold market comprises of about 4.7 million dwellings – 23% of the private housing stock in England. Most apartments (81%) are owned as leaseholds.

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