pay off mortgage or not

lilac_dawn

Please can someone advise: I have 2 properties, one which is BTL and has an outstanding mortgage on it. The other is repayment and has a very small mortgage, which I am now in a position to pay off. However, I am also likely to be facing employment soon, or at best temporary work. What I would like to do is to move back into the BTL property. This would mean switching from the BTL mortgage - but with no income, I don't think that is possible. I would then let out the 2nd property, which would have no mortgage on it. Is this possible? Is there any advantage in not paying off the mortgage at this moment in time? I should add, I have worked abroad for the last 12 months, but up until then had a good credit record.