The UK's property market could be on the brink of a major change, as discussions around banning leasehold flats gain momentum. This has left many homeowners and prospective buyers uncertain about what lies ahead.
England and Wales are set to ban new leasehold flats as part of the government's efforts to reform home ownership. Under the current system, freeholders—third-party landlords—own the building, while leaseholders pay to live in a flat for a fixed period.
