Yeah so in the UK the freeholder owns the land and the building and the leaseholder owns just the flat
So if the roof leaks it's down to the freeholder but if there's an issue inside the flat it's on the leaseholder.
So currently a leaseholder can only increase their lease by 99 years, meaning that after 19 years it's back to 80 and no mortgages will lend on it and it's impossible to sell, so basically every 20 years the landowners are screwing the leaseholder for a renewal
So the new law will allow the leaseholder to extend for 990 years, meaning practically they'll never have to renew again and it should increase the value of the property