Miley Cyrus and Liam Hemsworth think now is the right time for them to get engaged.

Liam Hemsworth and Miley Cyrus in 2012

Liam Hemsworth and Miley Cyrus in 2012

The 'Wrecking Ball' hitmaker - who split from the 'Hunger Games' star in 2013 - has reportedly rekindled her romance with the Hollywood hunk after they took time to "grow up and figure themselves out".

A source told E! News: "Liam never stopped loving Miley. Liam and Miley's timing was just off the first time they were engaged, many things played into them calling it off. They both needed to grow up and figure themselves out more.

"Liam's family has always liked Miley but they supported Liam's decision at the time. They did feel that both of them were too young. They are in love and it's a different time now for them."

Meanwhile, it has been claimed that Miley has always carried a torch for her ex-fiancé.

An insider shared previously: "Miley never got over Liam. Despite them constantly fighting before the split, Miley always said Liam is the love of her life.

"There were so many things that she loved about their relationship. They had a lot of fun and Liam was mostly very supportive of Miley. It seemed she was always hoping and dreaming that they one day could get back together again."