Eight major UK lenders have lifted mortgage rates for new borrowers. Average fixed-rate deals are climbing, with no respite for borrowers. The increases affect a wide range of home loan products.

The moves take place before the Bank of England's next vote on interest rates. Inflation rose to 3.1 percent, putting extra strain on mortgage pricing. The Times and The Telegraph each reported the rises. Borrowers looking for new deals or renewals will face higher costs. Many households can expect 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 will pay more. New buyers face the same pressure. Rising costs put households under more pressure.