Ronnie Wood's grown-up daughter Leah has moved into her mother's London home to avoid crippling rental costs in the U.K. capital.

Leah Wood was paying to live in a property in the upmarket Hampstead area, but she recently decided to relocate her family to Jo Wood's nearby Camden pad to save cash.

She tells Britain's Daily Telegraph, "We've been renting in Hampstead but it's so expensive so we're now back at Mum's in Camden for a bit. It seems like such a waste throwing money (away) on rent as this way we can save up for a property of our own."

Leah Wood married husband Jack MACdonald in 2008 and they are parents to a daughter, Maggie, who turns four on Tuesday (28May13).