Londoners - Would You Rather Live in a Bedsit Or a 4 Bedroom Detached?

It is amazing to believe this but soon, commuters in London will be able to travel home to Corby in Northamptonshire, in about the same time as it would take to get to somewhere like Wandsworth in the City! This is due to the opening of a new Train Station and the so-called Corby Extension. Travel times on the direct line from Corby to London are expected to be in the region of 70 minutes. This is good news for a town that seems to have been in a constant depression since the days of Margaret Thatcher. Like some throwback to the Seventies the Town Centre wouldn't seem out of place in an episode of the Sweeney.

However, I've always found that Corby's reputation as a "tough" town precedes it. In reality, outwith a couple of estates (which, due to 60s planning ideals all have ring roads around them and are easily "dodged") Corby is no different from any other sizeable Midlands town. It is looked down upon by its near neighbours Kettering, Wellingborough, Rushden and Market Harborough but is in fact a lovely place to live. The coming of the railway reinforces that point.

As a potential resident, have a look at the online property listings. At the moment 160,000 would get you a studio flat in Wandsworth - the cheapest thing on the market. However, 160,000 in Corby would get you a 4 bed detached, with double garage in a village location, separate Dining Room and a utility room too. There is no comparison whatsoever! In these days of telecommuting, living in a town such as Corby could mean a huge improvement in quality of life. Even if you had to travel into the City it isn't going to take much longer than the equivalent journey from somewhere like Tooting or Croydon.

If you are considering moving out of the smoke then make Corby your first consideration.

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Ross Taylor is the author of "Mortgages, Money and Magic" and "The No B.S. Credit Crunch Ready Guide to Buy to Let in 2008". Ross is a succesful Financial Adviser specialising in First Time Buyers and Buy to Let. He owns over 2million worth of property in the UK and regularly gives lectures on Financial Planning.

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