Paul McCartney has "let it be known" that he is ready to consider an out-of-court settlement with estranged wife Heather Mills, the U.K.'s Daily Mail reports.

Click here to read the full report in the U.K.'s Daily Mail

The Daily Mail said Mills was contacted by McCartney's legal team with the message: "Paul's ready to talk."

The pair are scheduled to face one another in a five-day hearing next month where Heather is to represent herself after parting company with her legal firm.

McCartney and Mills have spoken "three or four" times in recent days over the phone, a source close to both told the Mail.

"One of the chats went on for at least 15 minutes, which is the longest they have spoken to one another in months and months. It seems that the mood has definitely changed and they are both now ready to resolve things more sensibly."