Paul McCartney and Heather Mills have reportedly agreed on a divorce deal after months of negotiation.

According to the Daily Mail, Heather is expected to receive around £70million in total, with an initial lump sum of around £15million. The rest of the amount will be in the form of an annual allowance worth around £3.5million over the next 15 years and Paul will also pay for all living expenses related to their three year old daughhter Beatrice, including schooling, travel, nannies and security.

Heather had previously been rumoured to be demanding their £10million North London home as part of the deal and one of Paul’s homes in the US - but neither has been included in the new deal.

Under the terms of the arrangement, both parties are banned from speaking publicly about what led to the breakdown of the marriage - and it was this clause that caused the legal teams so long to reach a settlement. A source close to Heather told the newspaper: “Heather wants her story told - she sees herself as the victim. She wants to have what she calls ‘a voice’.”

“She feels she should have that platform to turn around media perceptions about her. McCartney’s lawyers are saying she can’t talk about the marriage at all - a total blackout. But Heather’s argument is that that’s a very grey area. If she wants to update her biography, for example, she says she can’t just pretend the marriage never happened.”

“But she will not be able to hint at any foul play that may or not have taken place, or anything like drug taking or drinking or how either of them have, and do, interact with Beatrice. It’s a very complex agreement.”

“Heather is very aware that five years down the road, she’ll just be a Beatle’s ex-wife. To capitalise on the split, she would need to bring out a book now. She wants to have this voice. But she wants to get as much money as she can get too.”

“It’s true to say Paul and Heather are getting on better now than ever since the split, but she’s a hard woman and is still angry about the way she feels she and Beatrice were left vulnerable after the split.”

Despite the figures being agreed, the divorce is unlikely to be finalised before a five-day hearing at the High Court next February. The couple separated in May 2006 and filed for divorce last summer.