Leasehold flats will be banned under new proposals detailed by the government.
The housing minister said the changes "mark the beginning of the end" for the "feudal" leasehold system, giving homeowners greater control over their properties under a new ‘commonhold’ system.
Government proposals, published on Monday, will scrap the current system, under which third-party landlords can own the lease of a building, therefore making decisions on behalf of homeowners.
Leasehold will be replaced with commonhold, an ownership structure that allows people to own and manage their buildings jointly.
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