(exposay.com) - Rod Stewart is set to quit the U.K. and sell his $12 million mansion, it has been claimed.
The 63-year-old rocker has decided Los Angeles will be a better place to bring up his two-year-old son Alastair with wife Penny Lancaster.
Rod, who has an estimated $200 million fortune, already has a 20-bedroom home in Los Angeles and doesn't want to waste money by keeping his mansion in Epping, Essex.
A source said: "The house in Essex is very large with a full team of staff and costs hundreds of thousands of pounds to maintain. That kind of spending is difficult to justify if the family are hardly ever there."
"Rod and Penny also want to make Los Angeles their base."
Rod - who has seven children - bought the Essex mansion, which is set in 165 acres of countryside, more than 20 years ago. The property boasts its own soccer pitch, tennis court and swimming pool.