<p><br /> Cheryl Cole and her dancing pal Derek Hough are reported to be setting up home together.<br /> </p><p><br /> Cole has been looking at apartments in LA for when she launches her career over there, but it is believed that she has agreed to share Hough's place instead.<br /> </p><p><br /> Hough stayed at the singer's £6million Surrey mansion while she was recovering from Malaria last summer, and now it seems he wants to repay the favour.<br /> </p><p><br /> Cole will not have to worry about slumming it though, Hough is reported to live on Mulholland Drive, a very affluent part of the city and home to some of the most exclusive and expensive properties in the world.<br /> </p><p><br /> The news may come as a blow to her ex-husband Ashley Cole, who was allegedly upset when the pair flew to South Africa together for New Years Eve.<br /> </p>