The secretary of state for Business, Energy and Industrial Strategy (BEIS) revealed further details of the service, set to launch later this year, which will give borrowers the option of signing their mortgage online, without filling out any paperwork.
Land Registry will certify a borrower’s identity when they provide a digital signature in advance of registration.
This means the borrower’s identity will be verified through gov.uk, as well as the registry’s security processes.
Clark admitted the change will raise a fresh liability risk of fraudulent identity but said the likelihood of the risk occurring is low.
He added that overall the risk of fraud in the process should fall.
And that the government will take further steps to improve the buying and selling process in the future.
Earlier this month the Land Registry said it will publish digital records in an effort to make conveyancing, simpler, faster and cheaper for everyone involved in the process.