Leasehold is unlikely to be abolished altogether, as it serves a specific purpose in certain property arrangements, such as apartments and flats, where there are necessary overlaps between dwellings that share roofs, stairwells, etc. The government has begun implementing changes to provide fairer treatment for leaseholders. The Leasehold and Freehold Reform Act 2024 passed royal assent, making leasehold terms more transparent, affordable, and less burdensome for leaseholders. However, this has not yet taken effect, and it is unclear when the new government will implement these changes.