A current account with one UK bank could help homeowners manage their mortgage debts. Lloyds TSB has announced it is launching a new current account that gives customers a 2 per cent reduction on its mortgage interest rates which may provide some relief to those struggling to with debt problems. It is available to those who deposit more than £1000 each month and are taking out a new mortgage with Lloyds TSB. The offer could see customers saving hundreds of pounds on mortgage payments each year and help with their debt management. Stephen Noakes, head of mortgages says they want to reward their current account customers “by helping to reduce the costs of their mortgage payments”.