Kate Middleton** OFFICIAL UPDATE ** Kate Middleton's Wedding Dress designed by Alexander McQueen's Sarah Burton

Simple yet elegant: Rumor has it that Kate Middleton has picked British designer-to-the-stars Phillipa Lepley to create her wedding gown. Romantic flowers, majestic ballgowns and twinkly vintage lace are the way a British magazine described Phillipa Lepley's 2011 bridal collection.

With British bookmakers betting on Lepley, according to PEOPLE, what will the London-based haute couture designer do for Middleton when she marries Prince William next year?

"Kate will want to look drop dead elegant yet not over the top," a fashion source tells PopEater.

So far, reps for Lepley have made no comment, but the Brits are abuzz over the designer who may create the wedding gown for England's future princess.

** Visit AOL Royal Wedding for photos of Kate Middleton's Wedding Dress designed by Alexander McQueen's Sarah Burton **