Leasehold reform in England and Wales could have financial implications for homeowners. By making it easier and cheaper to extend leaseholds, the government aims to help lessees. Short leaseholders may benefit from reduced premiums and increased property values. However, this could lead to higher prices for short leaseholds and affect housing affordability. Different types of homeowners may not all benefit equally from these changes. Owning a freehold share may not protect against selling at a lower price.