A two-tier housing market will be the result of Labour’s half-baked leasehold reform plans | Harry Scoffin

The leasehold system in England and Wales has needed tearing down since the medieval era.

It locks homeowners, especially those in flats, into an exploitative, serf-like relationship with the freeholder.

Ground rent has been gamed in recent years to extort more money from individual leaseholders.

The government’s new commonhold white paper promises to ban leasehold for future flats.