Leasehold reform refers to changes in laws and regulations governing leasehold properties, where individuals own the right to occupy a property for a set period but do not own the land itself. This reform aims to address issues such as high ground rents, lack of control over property management, and difficulties in extending leases, which can lead to financial burdens for leaseholders. The reform often involves measures to make it easier for leaseholders to purchase the freehold of their properties or extend their leases at fair prices. It seeks to create a more equitable housing market, benefiting individuals and families living in leasehold properties.