Britain's 'bad bank', which is charged with winding down the assets of two bailed-out lenders, said it expects to sell the remainder of its Bradford & Bingley's mortgage portfolio by March next year.
UK Asset Resolution (UKAR) said in 2016 it would sell Bradford & Bingley's £15.65 billion mortgage portfolio in two or three tranches.
An earlier sale was delayed in the aftermath of the country's vote to leave the European Union.
It sold the first tranche in March to insurer Prudential and buyout firm Blackstone for £11.8 billion.
"We are working on the next phase of the programme which we look to launch in the next months with a full repayment expected by March 2018," said Ian Hares, chief executive of UKAR.
Media reports said last week that Blackstone was now looking to buy as much as £6 billion of Bradford & Bingley mortgage loans.
Hares said that a sale is in the works, but a formal process had not been launched yet.
"I am not in a position to confirm any names because the process has not been formally launched yet. But, there are a number of interested parties," he said.
OneSavings Bank, Och-Ziff and hedge fund TPG were also named as interested parties.
UKAR, a state-run loan firm that does not take on new business, said today it repaid £3.3 billion to the government last year.
UKAR has now returned £23.7 billion to the government, almost half the total value it owed when it was created in October 2010.
UKAR is winding down the loans of Northern Rock and Bradford & Bingley, which were nationalised in the run-up to the 2008 financial crisis.
Its underlying profit before tax fell by almost 33% to £706m in the year ended March, reflecting in part a £9 billion reduction in its loan book.
