Jay Z And Beyonce Up Sticks To London

London looks like it will become home to yet more musical superstars as rapper Jay Z and his singer/actress wife Beyonce Knowles announced their plans to move to the English capital in the near future. The pair has decided to rent a swanky five-bedroom gaff in the capital because they are apparently tired of pouring money down the drain on posh hotels in the city they so often visit.

In a report from the Sun, the new parents struck a deal this week for a posh property in the same vicinity where X Factor boss Simon Cowell, Virgin chief Sir Richard Branson and director Michael Winner live. They were enticed to the area through recommendations by friends Gwyneth Paltrow and Coldplay's Chris Martin as much as they were by the convenience it will offer to future ventures to the city. A spokesperson for the couple has discussed the move to the media, stating "they wanted to have somewhere more homely now they are parents." The duo will next be in the country's capital when Jay Z performs in the Watch The Throne Tour and Radio 1's Big Weekend whilst Beyonce will be launching her perfume in Europe over the summer.