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

The moves come ahead of 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 new mortgage terms or renewals will face higher costs. Many households can expect monthly repayments go up.

The latest rise comes after several increases. Lenders are responding to market pressures. The outlook for mortgage rates remains uncertain. Homeowners with expiring deals will pay more. New buyers are also affected. Rising costs increase the burden on families.