The folk rock group have begun work on a handful of new songs at Eastcote Studios in Kensal Town, west London, the same studio where they recorded their debut album 'Sigh No More', which was released in 2009 and sold over a million copies in the UK, reported Daily Mirror.
The four-piece group - who achieved worldwide success with their second LP 'Babel' - intend to release the record in early 2015.
"It's still very early days because they have been enjoying their down time. But very early work and sessions have begun quietly on album number three. They haven't announced anything officially because they don't want to be under lots of pressure," a source said.