Buzz has it that David and Victoria Beckham are selling their mansion in Hertfordshire, known as Beckingham Palace, for 10 million pounds.

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Buzz has it that David and Victoria Beckham are selling their mansion in Hertfordshire, known as Beckingham Palace, for 10 million pounds. (Getty Images)

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Reportedly, David and Victoria Beckham's first proper family home, that came to be known as Beckingham Palace - and after 14 years, they have decided to say goodbye and have put their mansion on the market. (Getty Images)

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The couple are selling their Hertdfordshire home, but don't just want anyone moving in - they're keen to sell to a private buyer with a family and not a property developer who will turn it into luxury flats. (Getty Images)

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They bought their seven-bed Grade II-listed mansion in Hertfordshire for थ्2.5million shortly after marrying in 1999. (Getty Images)

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A source said, "David and Victoria have been wanting to sell up for a couple of years now but the timing was never right." (Getty Images)

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"They didn't want to lose money, putting their homes up for sale during a slump in the property market. So, after getting it valued two years ago, decided to hold off until now. Unfortunately, they have still lost quite a lot of money on their UK home due to all the renovations they carried out", added the source.

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A source close to the family said David, 37, and Victoria, 38, didn't want builders to cash in on their name. (Getty Images)

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The Beckhams have made LA their home, and the kids are settled there. (Getty Images)

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They are now said to be looking for a family home in London near to Victoria's fashion house which is based in Battersea, and will be easy for David to travel to from the French capital. (Getty Images)

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