THE new owners of a luxury home on Sandbanks will have to pass an interview with their multi-millionaire neighbours before they can buy it.

Businessman Ashley Faull is building two seafront homes on one large plot on the exclusive peninsula– one for him and his wife and the other which he intends to sell for £4million.

But Mr Faull, 51, has made it a condition of the sale that he will hold an informal interview to make sure he and wife Heather will get along with the buyers.

He is even prepared to sell the three-bedroom property, called Sunshine, for less than the asking price to the right buyer.

Mr Faull, a former ITV executive and founding director of a TV shopping group, said: “Having good neighbours is very important to my wife and me.

“We’re still good friends with our previous neighbours from Primrose Hill in London over 10 years ago and are also very friendly with the neighbours we have in Dorset.

“We would rather sell this stunning new house for a bit less money to people we think we will get along with and would refuse to sell it to anyone where we thought the opposite, frankly regardless of the amount offered.

“We are insisting on meeting anyone who wants to purchase Sunshine so we can have a mutual informal interview over a coffee with them.

“Sometimes just having money is not enough.”

There is no set criteria for the new owners to meet but the Faulls said they don’t intend to sell the property to anyone who will use it for holiday lets.

Mr Faull and his wife moved to Dorset when he sold his stake in his previous business for £194m in 2006. He then set up a successful jewellery and pawnbroker business.

He bought a pair of semi-detached houses for £4m and won planning permission to demolish them and build one large lavish home a decade ago.

The plot sat empty for years until Mr Faull changed his mind and decided to split the land and build two four-storey properties next to each other.

The Faulls will have a 45ft x 38ft luxury home that will have four bedrooms, two studies, a large open plan kitchen/living/dining area, a snug, cinema room, gymnasium and garaging for two cars.

The smaller house next door will be 45ft x 20ft and have three bedrooms, a study, open plan kitchen/living/dining area, a snug and either a cinema room or a gymnasium.

Adrian Dunford, from estate agents Tailor Made is handling the sale.

He said: “The plot has been split so that the house for them is two thirds of the site and they are selling the house on the other third for £4m. It’s their dream home.

“That stretch of Sandbanks has always been the most popular because you have a two-way view - looking out on Sandbanks beach and the sea in one direction and Poole Harbour the other way.

“A house a few doors down holds the record for the most expensive per square foot. It’s 4,000 sq ft and sold for £5m, which works out as £1,250 per square foot.

“It’s all about the view. Without the view, that house would only have sold for about £2m.

“These two houses have been designed to make the most of that view. It’s a very funky design, ultra-modern and lots of glass.

“When it’s finished people will walk in and fall in love with it, price is almost secondary.”