Eight major UK lenders have lifted mortgage rates for new borrowers. Average fixed-rate deals are climbing, offering no relief to borrowers. The increases extend across a wide range of home loan products.

The moves arrive before the Bank of England's next vote on interest rates. Inflation rose to 3.1 percent, adding further pressure to mortgage pricing. The Times and The Telegraph carried reports on the rises. Borrowers looking for fresh deals or renewals will face higher costs. Many households will see monthly repayments go up.

The latest rise adds to a series of hikes. Lenders are responding to market pressures. The outlook for mortgage rates is still uncertain. Homeowners with expiring deals face steeper payments. New buyers are also affected. Rising costs put households under more pressure.