The UK government will collect £11.8 billion ($14.8 billion; €13.8 billion) from the sale of buy-to-let mortgages originated by Bradford & Bingley to insurance firm Prudential and Blackstone.
Across the two portfolios are a total of 104,000 loans provided to 57,000 borrowers by the bank previously nationalised by the UK government at the height of the global financial crisis.
