Why Londoners are flocking to Poole to snap up property

Bournemouth Echo: NICE SPOT: Harbourside at Sandbanks NICE SPOT: Harbourside at Sandbanks

THE influx of foreigners snapping up property in expensive areas of London is giving Dorset’s own luxury property market a boost.

Poole estate agent Adrian Dunford, whose Sandbanks-based company Tailor Made sold £50million worth of property last year, said: “What we’re seeing is people moving out of London because they feel in the minority.

“They feel London isn’t the place it once was. They’re moving from places like Belgravia because they feel surrounded.”

Recent figures show that out of 7,000 new homes built in what is known as prime central London (PCL) – which includes areas such as Mayfair, Kensington, Chelsea, Knightsbridge and the West End – more than 5,000 went to overseas buyers.

Those from China and Singapore accounted for 40 per cent of sales.

The average asking price for a property in PCL is now £1.53m, although one flat near Hyde Park recently sold for £29.35 million.

In Poole, properties in the most sought-after parts of Sandbanks, Branksome Park and Canford Cliffs can change hands for millions, with those next to the water commanding the highest prices.

But so far, Mr Dunford says the area does not seem to have been discovered by foreign investors in any significant way.

“Who’s not coming here are Arabs, Russians and Chinese,” he said.

“Our typical clients are people that have made some money and are looking to retire. They either have a second home here and are moving abroad or are going to have their main UK property here and buy another in France or another country.

“That hasn’t really changed.”

Tailor Made is currently selling a new developer-built house in a prime harbourside location on the peninsula for £7.25m, where neighbours include football manager Harry Redknapp and his wife Sandra.

In the mid-1960s, Beatle John Lennon paid just £25,000 to buy his Aunt Mimi a little pink bungalow called Harbour’s Edge on an adjoining plot, but it was demolished to make way for a new house in the early 1990s.

Comments (19)

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1:12pm Wed 26 Jun 13

GAHmusic says...

Do Tailor Made have shares in the echo or just family because they get a lot of free publicity wrapped up as stories?
Do Tailor Made have shares in the echo or just family because they get a lot of free publicity wrapped up as stories? GAHmusic
  • Score: 0

1:33pm Wed 26 Jun 13

portia6 says...

We all know that the Londoners are
moving down here as its so tranquil
compared to the big city!
We all know that the Londoners are moving down here as its so tranquil compared to the big city! portia6
  • Score: 0

2:14pm Wed 26 Jun 13

adspacebroker says...

Sandbanks is no different to many other places when it comes to Londoners buying second homes i.e Rock, Salcombe, Fowey, St.Ives. It is just purely the fact that greedy estate agents have persistently inflated the price guidance and given a wow factor that does not exist. Maybe some newspaper reporters were invited to an estate agents bbq last weekend!!
Sandbanks is no different to many other places when it comes to Londoners buying second homes i.e Rock, Salcombe, Fowey, St.Ives. It is just purely the fact that greedy estate agents have persistently inflated the price guidance and given a wow factor that does not exist. Maybe some newspaper reporters were invited to an estate agents bbq last weekend!! adspacebroker
  • Score: 0

2:32pm Wed 26 Jun 13

ragj195 says...

GAHmusic wrote:
Do Tailor Made have shares in the echo or just family because they get a lot of free publicity wrapped up as stories?
It's called looking after your clients.Tailor Made spend a lot of money advertising in the Echo, the occasional free editorial is one of the perks.

Don't kid yourself into thinking the Echo is public funded and here for the people, it's not. Without the advertising stream there would be no Echo.
[quote][p][bold]GAHmusic[/bold] wrote: Do Tailor Made have shares in the echo or just family because they get a lot of free publicity wrapped up as stories?[/p][/quote]It's called looking after your clients.Tailor Made spend a lot of money advertising in the Echo, the occasional free editorial is one of the perks. Don't kid yourself into thinking the Echo is public funded and here for the people, it's not. Without the advertising stream there would be no Echo. ragj195
  • Score: 0

2:53pm Wed 26 Jun 13

dylan0202 says...

ragj195 wrote:
GAHmusic wrote: Do Tailor Made have shares in the echo or just family because they get a lot of free publicity wrapped up as stories?
It's called looking after your clients.Tailor Made spend a lot of money advertising in the Echo, the occasional free editorial is one of the perks. Don't kid yourself into thinking the Echo is public funded and here for the people, it's not. Without the advertising stream there would be no Echo.
" looking after your clients " what tosh .. they ll spin any yarn to affect a sale ..
[quote][p][bold]ragj195[/bold] wrote: [quote][p][bold]GAHmusic[/bold] wrote: Do Tailor Made have shares in the echo or just family because they get a lot of free publicity wrapped up as stories?[/p][/quote]It's called looking after your clients.Tailor Made spend a lot of money advertising in the Echo, the occasional free editorial is one of the perks. Don't kid yourself into thinking the Echo is public funded and here for the people, it's not. Without the advertising stream there would be no Echo.[/p][/quote]" looking after your clients " what tosh .. they ll spin any yarn to affect a sale .. dylan0202
  • Score: 0

3:18pm Wed 26 Jun 13

LordLilliput says...

dylan0202 wrote:
ragj195 wrote:
GAHmusic wrote: Do Tailor Made have shares in the echo or just family because they get a lot of free publicity wrapped up as stories?
It's called looking after your clients.Tailor Made spend a lot of money advertising in the Echo, the occasional free editorial is one of the perks. Don't kid yourself into thinking the Echo is public funded and here for the people, it's not. Without the advertising stream there would be no Echo.
" looking after your clients " what tosh .. they ll spin any yarn to affect a sale ..
Having looked at their website, the phraseology used to describe some of the properties advertised seems to be written by a budding 15 year old script writer - if they were my agent I'd expect a whole lot more credibility.
[quote][p][bold]dylan0202[/bold] wrote: [quote][p][bold]ragj195[/bold] wrote: [quote][p][bold]GAHmusic[/bold] wrote: Do Tailor Made have shares in the echo or just family because they get a lot of free publicity wrapped up as stories?[/p][/quote]It's called looking after your clients.Tailor Made spend a lot of money advertising in the Echo, the occasional free editorial is one of the perks. Don't kid yourself into thinking the Echo is public funded and here for the people, it's not. Without the advertising stream there would be no Echo.[/p][/quote]" looking after your clients " what tosh .. they ll spin any yarn to affect a sale ..[/p][/quote]Having looked at their website, the phraseology used to describe some of the properties advertised seems to be written by a budding 15 year old script writer - if they were my agent I'd expect a whole lot more credibility. LordLilliput
  • Score: 0

3:48pm Wed 26 Jun 13

B.F.G says...

dylan0202 wrote:
ragj195 wrote:
GAHmusic wrote: Do Tailor Made have shares in the echo or just family because they get a lot of free publicity wrapped up as stories?
It's called looking after your clients.Tailor Made spend a lot of money advertising in the Echo, the occasional free editorial is one of the perks. Don't kid yourself into thinking the Echo is public funded and here for the people, it's not. Without the advertising stream there would be no Echo.
" looking after your clients " what tosh .. they ll spin any yarn to affect a sale ..
Read it again, he was referring to the Echo looking after their clients, not Tailor Made.
[quote][p][bold]dylan0202[/bold] wrote: [quote][p][bold]ragj195[/bold] wrote: [quote][p][bold]GAHmusic[/bold] wrote: Do Tailor Made have shares in the echo or just family because they get a lot of free publicity wrapped up as stories?[/p][/quote]It's called looking after your clients.Tailor Made spend a lot of money advertising in the Echo, the occasional free editorial is one of the perks. Don't kid yourself into thinking the Echo is public funded and here for the people, it's not. Without the advertising stream there would be no Echo.[/p][/quote]" looking after your clients " what tosh .. they ll spin any yarn to affect a sale ..[/p][/quote]Read it again, he was referring to the Echo looking after their clients, not Tailor Made. B.F.G
  • Score: 0

6:01pm Wed 26 Jun 13

Loyal2AFCB says...

“What we’re seeing is people moving out of London because they feel in the minority.

“They feel London isn’t the place it once was. They’re moving from places like Belgravia because they feel surrounded.”

How long before the natives of Poole are moving out because the "feel in the minority" and "feel surrounded" by Londoners. It is already happening here in Christchurch!
“What we’re seeing is people moving out of London because they feel in the minority. “They feel London isn’t the place it once was. They’re moving from places like Belgravia because they feel surrounded.” How long before the natives of Poole are moving out because the "feel in the minority" and "feel surrounded" by Londoners. It is already happening here in Christchurch! Loyal2AFCB
  • Score: 0

6:11pm Wed 26 Jun 13

Dr Strangelove says...

75% of London sales go to foreign investors. That explains the price rises in London and the money moving out to coastal towns. Not long before Britain has been sold brick by brick. Still the way Osborne is going the UK will be collapsing soon.
75% of London sales go to foreign investors. That explains the price rises in London and the money moving out to coastal towns. Not long before Britain has been sold brick by brick. Still the way Osborne is going the UK will be collapsing soon. Dr Strangelove
  • Score: 0

6:37pm Wed 26 Jun 13

ashleycross says...

Presumably this was written before Sunseeker was sold to a Chinese property company, and the mosque and orthodox church both about 1/2 mile from Branksome Park are not frequented by Arabs or Russians. As Simon Cowell said recently, we welcome people from all over the world here, fair enough, but let's draw the line at Londoners who don't like foreigners. They'll be nothing but trouble, mark my words. And I should know as most of my relatives fit this description!
Presumably this was written before Sunseeker was sold to a Chinese property company, and the mosque and orthodox church both about 1/2 mile from Branksome Park are not frequented by Arabs or Russians. As Simon Cowell said recently, we welcome people from all over the world here, fair enough, but let's draw the line at Londoners who don't like foreigners. They'll be nothing but trouble, mark my words. And I should know as most of my relatives fit this description! ashleycross
  • Score: 0

7:03pm Wed 26 Jun 13

Dr Strangelove says...

Letter to the press complaints this is racist especially the quote from the estate agent.
Letter to the press complaints this is racist especially the quote from the estate agent. Dr Strangelove
  • Score: 0

7:37pm Wed 26 Jun 13

ashleycross says...

Dr Strangelove wrote:
Letter to the press complaints this is racist especially the quote from the estate agent.
Good idea, already sent it to the Equality Advisory Service (used to be Commission for Racial Equality)
[quote][p][bold]Dr Strangelove[/bold] wrote: Letter to the press complaints this is racist especially the quote from the estate agent.[/p][/quote]Good idea, already sent it to the Equality Advisory Service (used to be Commission for Racial Equality) ashleycross
  • Score: 0

8:00pm Wed 26 Jun 13

ashleycross says...

Message to all Londoners flocking to Poole to get away from foreigners-on Sandbanks we have the FJB Group owners of Sandbanks Hotel etc using a mixed race family for their website promotion, and quite frankly quite a few of the white people on it look Russian, Jazzy's on Shore Road, owner mixed race, Cafe Shore, currently promoting a Tina Turner evening, and Tesco opening up was founded by a Jewish Pole.
Message to all Londoners flocking to Poole to get away from foreigners-on Sandbanks we have the FJB Group owners of Sandbanks Hotel etc using a mixed race family for their website promotion, and quite frankly quite a few of the white people on it look Russian, Jazzy's on Shore Road, owner mixed race, Cafe Shore, currently promoting a Tina Turner evening, and Tesco opening up was founded by a Jewish Pole. ashleycross
  • Score: 0

8:13pm Wed 26 Jun 13

LordLilliput says...

ashleycross wrote:
Dr Strangelove wrote:
Letter to the press complaints this is racist especially the quote from the estate agent.
Good idea, already sent it to the Equality Advisory Service (used to be Commission for Racial Equality)
Couldn't agree more. To make public comments stating that to be in a minority of one's own people, and that they 'feel surrounded' (presumedly meaning by foreigners) is a derogatory statement and should not go unchecked.

What an appalling and bigoted perspective to hold and broadcast.
[quote][p][bold]ashleycross[/bold] wrote: [quote][p][bold]Dr Strangelove[/bold] wrote: Letter to the press complaints this is racist especially the quote from the estate agent.[/p][/quote]Good idea, already sent it to the Equality Advisory Service (used to be Commission for Racial Equality)[/p][/quote]Couldn't agree more. To make public comments stating that to be in a minority of one's own people, and that they 'feel surrounded' (presumedly meaning by foreigners) is a derogatory statement and should not go unchecked. What an appalling and bigoted perspective to hold and broadcast. LordLilliput
  • Score: 0

8:57pm Wed 26 Jun 13

GAHmusic says...

B.F.G wrote:
dylan0202 wrote:
ragj195 wrote:
GAHmusic wrote: Do Tailor Made have shares in the echo or just family because they get a lot of free publicity wrapped up as stories?
It's called looking after your clients.Tailor Made spend a lot of money advertising in the Echo, the occasional free editorial is one of the perks. Don't kid yourself into thinking the Echo is public funded and here for the people, it's not. Without the advertising stream there would be no Echo.
" looking after your clients " what tosh .. they ll spin any yarn to affect a sale ..
Read it again, he was referring to the Echo looking after their clients, not Tailor Made.
And a valid point too however I was reffering to the fact this is the third Tailor made story in the last two weeks
[quote][p][bold]B.F.G[/bold] wrote: [quote][p][bold]dylan0202[/bold] wrote: [quote][p][bold]ragj195[/bold] wrote: [quote][p][bold]GAHmusic[/bold] wrote: Do Tailor Made have shares in the echo or just family because they get a lot of free publicity wrapped up as stories?[/p][/quote]It's called looking after your clients.Tailor Made spend a lot of money advertising in the Echo, the occasional free editorial is one of the perks. Don't kid yourself into thinking the Echo is public funded and here for the people, it's not. Without the advertising stream there would be no Echo.[/p][/quote]" looking after your clients " what tosh .. they ll spin any yarn to affect a sale ..[/p][/quote]Read it again, he was referring to the Echo looking after their clients, not Tailor Made.[/p][/quote]And a valid point too however I was reffering to the fact this is the third Tailor made story in the last two weeks GAHmusic
  • Score: 0

9:00pm Wed 26 Jun 13

GAHmusic says...

By the way did no one tell his clients if they move abroad there's a high chance they'll be "surrounded" by foreigners unless of course they go to Benelmadena.
By the way did no one tell his clients if they move abroad there's a high chance they'll be "surrounded" by foreigners unless of course they go to Benelmadena. GAHmusic
  • Score: 0

9:04pm Wed 26 Jun 13

ashleycross says...

Check out newsquest's diversity policy http://www.newsquest
.co.uk/about/diversi
ty-statement/
Check out newsquest's diversity policy http://www.newsquest .co.uk/about/diversi ty-statement/ ashleycross
  • Score: 0

6:31pm Thu 27 Jun 13

cromwell9 says...

I dont blame Londoners moving to Dorset.
Who would want to live in a city like London .Its being turned into a dump . Not like it was in the sexy sixtys.
If we are not carefull Dorset will be overun by foreiners and end up like London.
I dont blame Londoners moving to Dorset. Who would want to live in a city like London .Its being turned into a dump . Not like it was in the sexy sixtys. If we are not carefull Dorset will be overun by foreiners and end up like London. cromwell9
  • Score: 0

10:10am Fri 28 Jun 13

High Treason says...

We can always catch the super fast train to the North when we feel we are in the minority and surrounded.
We can always catch the super fast train to the North when we feel we are in the minority and surrounded. High Treason
  • Score: 0

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