The "feudal" leasehold system in England and Wales will be overhauled by the end of the current Parliament, the government has announced, as campaigners raise concerns about delays.
Millions of leaseholders currently own the right to use their property for a period of time and can pay hundreds in annual ground rent to a freeholder - on top of separate service charges.
Announcing a new timetable for reform, Housing Minister Matthew Pennycook said that commonhold - where people own their homes without an expiring lease - will become the default tenure before the next election.
Campaigners warned it may come too late to help current leaseholders trapped in exploitative arrangements.