In a medium saucepan over low heat, combine the BAKERS premium white chocolate and butter. Stir frequently until both are completely melted and smooth.
Once the chocolate and butter are melted, add the sugar, milk, and heavy whipping cream to the saucepan. Stir continuously to combine all the ingredients.
Increase the heat to medium-low and continue to stir the mixture. Cook for about 5-7 minutes, or until the sauce is thickened and has a glossy, smooth texture.
Remove the saucepan from the heat and stir in the vanilla extract. Mix until fully incorporated.
Allow the sauce to cool slightly before transferring it to a heatproof container. It can be stored in the refrigerator for later use.
