Q&A

One house or two?

We have a house that is worth approx £300K. Our mortgage will be paid off when I'm 55. At 65 we plan to downsize and free up approx half the equity to boost our pension pot. My question is: would it be better to downsize at 55 and buy two properties at around £150K each; one to live in and one to sell at 65? Or put another way: would there be more profit over a ten year period in a house at £150k, or half a house at £300k?