Why need a good night’s sleep?

Sleep is a biological and powerful need, much like food and water. Getting a good night’s sleep is very beneficial to our well-being. This article will highlight why we need a good sleep and the benefits.

Why we need a good sleep

  • Improve Memory  During sleep the neural connectors of our memories are strengthened. The part of the brain responsible for memory storage called hippocampus is restored when we are sleeping. A good sleep is very important in preventing memory loss and improving memory.
  • Improves Heart – Quality sleep improves cholesterol and triglyceride levels which promotes good flow of blood and oxygen in the heart arteries and thereby improve the function of the heart.
  • Decrease depression – When we go to sleep and whenever our body is relaxed it releases the hormones melatonin and serotonin. This hormones help to eliminate/balance the stress hormones, adrenaline and cortisol making us happier and emotionally stronger.

  • Increases Creativity –  During sleep, the memory is at its peak, the mind restored and the hormones all balanced. The mind has a healthier imagination, making you more creative.
  • Supports Weight loss – A lack of sleep creates a lack of the hormone leptin in the body. Leptin is stored in the fat cells and tells us when to stop eating. The hormone Ghrelin (the hunger hormone) is stimulated, making us hungrier when we’re not.
  • Makes you healthy – The immune system relies on sleep to regain strength to fight against the next days toxins. With a sluggish immune system we let down our guard to many toxins and germs that can destroy the other systems in the body.

For property investment in the UK from start to finish, Please Contact me

Dennis Bebo – MSC, BSC, DEA, CeMAP

TA DenEco Consultancy – www.deneco.co.uk

How to increase your Credit Score for a successful UK Mortgage

To get a mortgage in UK to buy a property, you will need to have a good credit score. UK mortgage lenders are required to carry out a credit check to access your present and past financial liabilities and details of how they are managed.

Credit score can affect mortgage eligibility, deposit requirement and rate. Other factors are also used.

Good-Credit-Score

Below are major steps you can take to increase and improve your credit score;

  1. Prove where you live.
    Register on the electoral roll at your current address – you can do this even if you’re in shared accommodation or living at home with your parents.
  2. Build your credit history.
    Having little or no credit history can make it difficult for companies to assess you, and your credit score may be lower as a result. This is a common problem for young people and people who are new to the country. Luckily, there are some steps you may be able to take to build up your credit history. default
  3. Make payments reliably.
    Paying your accounts on time and in full each month is a good way to show lenders you’re a reliable borrower, and capable of handling credit responsibly. Old, well-managed accounts will usually improve your score – although be sure to read about the potential impact of unused credit cards.
  4. Keep your credit utilisation low.
    Your credit utilisation is the percentage you use of your credit limit. For example, if you have a limit of £2,000 and you’ve used £1,000 of that, your credit utilisation is 50%. Usually, a lower percentage will be seen positively by companies, and will increase your score as a result. If possible, try and keep your credit utilisation at 25%.
  5. Limit credit applications.
    Applying for credit frequently in a short space of time can make lenders think you’re overly reliant on credit and therefore a higher risk. It doesn’t matter what form of credit you apply for, or how much you’re asking to borrow – each application will record a hard search on your report which companies can see. So, try to space out any credit applications – a good rule of thumb is no more than one every three months, but remember lenders’ criteria can vary. credit-score--mortgages_52572463eb46d_w1500
  6. Consider closing unused accounts.
    Having a large amount of available credit may make lenders think you can’t handle more. So, you may want to close any dormant credit accounts. Read more about deciding what to do with unused credit cards.
  7. Avoid delinquent and defaulted accounts.
    Delinquent accounts happen when you’re late on payments, and defaulted accounts are when your relationship with the company has broken down, usually because several missed payments. Both will harm your credit score.
  8. Only borrow what you can afford.
    Getting into trouble with debt may lead to things like County Court Judgements (CCJ), an Individual Voluntary Agreements (IVA) or even bankruptcy. These things will stay on your credit report for up to six years and will put a big dent in your credit score.
  9. Keep an eye out for fraudsters.
    Keeping a close eye on your credit report and looking out for any signs of fraudulent activity could help protect your credit score. If you see a surge in the amount you owe, or any applications you didn’t make, you may be a fraud victim. Note that if you do become a victim of fraud, your lenders should fix any damage to your score quickly.

For property investment in the UK from start to finish, Please Contact me

Dennis Bebo – MSC, BSC, DEA, CeMAP

TA DenEco Consultancy – www.deneco.co.uk