nicky-hilton-pregnancy-news

Congratulations are in order for Nicky Hilton and James Rothschild.

The heiress, 32, and her banker husband are expecting their first child, PEOPLE reports.

“Nicky is very excited to become a mom,” a source tells the mag. “She is feeling great!”

The pair were engaged while boating on Italy’s Lake Como in August 2014, and were wed at Kensington Palace in London in July 2015.

“They’ve just begun telling close friends and family,” the insider says. “Nicky and James are over the moon!”

Congratulations to them!