Leaseholders will be able to buy the freehold of their property more easily under plans for an overhaul of what is seen as a stressful and costly system of home ownership.
At present a leaseholder must wait two years before buying the freehold and can extend the lease only once, by 50 years and at high cost.
But under plans being announced today by the Law Commission, the minimum period would be scrapped and leaseholders could extend for longer, as many times as they wanted and more cheaply.
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