UKAR, the Treasury-owned company set up to wind down the mortgage books of failed lenders Northern Rock and Bradford & Bingley, says the Government should get back £38.8 billion it is still owed.
The company has already repaid £10.4 billion since 2010, including £5.1 billion in the 15 months up to March 31st of this year.
Announcing the positive results, UKAR said: "A lot of good work has been achieved to date and we expect to repay the remaining £38.3 billion debt in full."
The company said rising housing prices coupled with low interest rates had been "good news for out customers".
More top news
The Duke of Cambridge has paid tribute to the veteran broadcaster in a special programme ahead of his 90th birthday on May 8.
Virgin's services will only be classed as on time if they reach their destination within less than a minute of the scheduled arrival time.
Banks and building societies should improve efforts to support age-friendly banking, according to a report from Age UK.