While doing press for his upcoming comedy Hector and the Search for Happiness, Simon Pegg revealed that he starts shooting Mission: Impossible 5 later this month at Leavesden Studios in London.

The actor explained that he's already doing press for Hector and the Search for Happiness, which doesn't hit theaters until September 19, because he will likely be unavailable to do so in the near future. Here's what the actor had to say, commenting on how nice it will be to shoot this action sequel close to home.

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"We're all ready to go on August 24, which is what I'm being told. Which is why I'm here doing a little press right now, and I'm available - because I might become unavailable very soon. As far as I know, we're all set to go. We've got location work first, and then the bulk of the filming will be in Leavesden [Studios], north of London. It's a nice one for me, to be near home."

Back in June, a report surfaced that Mission: Impossible 5 will be the first movie ever to shoot inside the historic Houses of Parliament building, although the news was never confirmed by Paramount. When asked about the rumor, Simon Pegg couldn't confirm nor deny whether or not the sequel will be filmed inside Parliament.

"I can't confirm that because I haven't been told. But we are shooting in London, so it would make sense, if they were looking to film in places like that, that it would be the case. I don't know for definite, but I do know that we are shooting on location in London, so that should be the case. Which would be great."

Tom Cruise is reprising his role as IMF agent Ethan Hunt, with Mission: Impossible Ghost Protocol stars Jeremy Renner, Paula Patton and Ving Rhames expected to return alongside Simon Pegg. We also reported last month that Alec Baldwin is in talks to play a high-ranking CIA officer who oversees Ethan Hunt's IMF division, and Rebecca Ferguson (The White Queen) is the top choice to play the female lead.