By Amber Murray For a policy with rare cross-party support, reforms to the leasehold system in the UK have taken a surprisingly long time to sort out. Reform nearly happened under the previous prime minister Rishi Sunak’s government, but changes were watered down by the time the bill came to be passed. In the King’s Speech, the Government finally outlined plans to phase the “feudal” system out of England and Wales. But, why has it taken so much time? A short history of LeaseholdLeasehold allows the homeowner to own the property only for the length of time set out in the lease. It has been desc…