New reports claim Simon Cowell is finalizing a deal to rent Lauren Silverman a luxury apartment as she works out her divorce.

Simon Cowell – who is standing by New York socialite Lauren Silverman and their child – will pay $20,000-a-month for the sprawling three-bed property in NYC.

The music mogul and his pregnant lover are also now discussing which of Simon Cowell’s many properties they will also share – as he already owns multi-million dollar homes in Beverly Hills and London.

Simon Cowell is finalizing a deal to rent Lauren Silverman a luxury apartment as she works out her divorce

Simon Cowell, 53, and Lauren Silverman, 36, are officially a couple, according to friends, and he is keen that she finalizes her divorce from property millionaire Andrew Silverman as quickly and peacefully as possible. Moving in together will mark the first building block for their future.

It was reported this week by the Mirror that Lauren Silverman will move into Simon Cowell’s $15million mansion on the Trousdale estate in Beverly Hills. Simon Cowell has also spent years renovating his other $22 million Beverly Hills mansion and owns an $11.6 million house in West London’s wealthy Holland Park.

A deal is nearly agreed on the rental property – which remains on the market. Lauren Silverman will need a New York base as it’s likely she will share custody of her seven-year-old son Adam with her soon-to-be ex husband Andrew Silverman.

And Simon Cowell can most certainly afford it as today Forbes magazine listed him as the highest-paid TV personality of the year – tied with Howard Stern.

Simon Cowell is said to be worth $200 million and made $95 million in the past year alone – mainly due to his ownership stakes in The X Factor, now shown in 41 countries as well as the Got Talent format, which is the biggest-selling TV franchise in the world.

Lauren Silverman is said to be 11 weeks pregnant.