House hunter Kate Moss

Mar 19, 2007, 13:10 GMT

01/18/2007 - Pete Doherty - you can\'t kill a zombie- London, England © Photorazzi

Kate Moss and Pete Doherty are searching for a £5 million love nest.

The couple have already looked at exclusive London properties in Primrose Hill and Regent's Park, and plan to get a joint mortgage together.

Kate's friends are said to be shocked by her decision, but the supermodel is determined to buy a property with the wild Babyshambles frontman.

A source said: "Everyone is amazed they're looking for a joint mortgage. It's rather romantic. But Kate's more conservative friends have been saying its madness, given Pete's reputation."

Pete, 28 - who has been in rehab for drug addiction - has promised Kate he will clean up his lifestyle. He is expected to earn £2 million this year after signing a new record deal with Parlophone and upcoming Babyshambles tour.

The source added: "Pete never even used a bank account, but that has all changed. He got a huge advance for his new record deal with Parlophone. Pete has also signed a lucrative endorsement with clothing line Gio Gio.

"He used to hate the idea of owning a house. But now he sees it as a lovely chance to settle down and pledge himself to Kate."

Pete was evicted from his last London apartment after failing to pay the rent.

His landlord branded him the "worst tenant" he'd ever had after discovering the walls were covered in blood, graffiti and bizarre scribbling.

(C) BANG Media International