Mortgage break - is it worth it?

Krispycing

Hi - and thanks for reading. 

I have a mortgage split in 2 parts. 

1. £260k Fixed @ 2.1% until Sept 26 (repayment is approx £1.2k per month)
2.  £77k Fixed @ 2.7% until July 24 (repayment is approx £350 per month) (New 2yr fix rate secured @ 4.9% already, will choose lower rate if available at time of renewal)

Recently I've become ill, and lost my job - once I have surgery I will be able to work again - unfortunately this happened while on a probationary period and I was simply too unwell to work, too often. They were supportive and I have no axe to grind. 

Obviously I have some concerns about paying mortgages now. I have a little saved and can use that but not from more than a couple of months. I am confident that I will find another job soon, and that even if I take something lower paying, with belts sufficiently tightened we will be okay. 

But scenario planning made me think - it makes sense, I think, for me to ask for a break from the bigger mortgage - I understand there are newish policies that make this easier. This would allow me a bit of room to breathe. 

During that time, if I am earning well I could overpay on the smaller mortgage and benefit from reducing the amount owed, helping me out in a couple of years when I combine them into a single mortgage for £290k or whatever it is by then. 

Just looking for opinions, thoughts about this. Is it possible, realistic? Does it make sense etc


Thanks !