Eight major UK lenders have increased mortgage rates for new borrowers. Average fixed-rate deals are climbing, offering no relief to borrowers. The increases cover 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, putting extra strain on mortgage pricing. The Times and The Telegraph carried reports on the rises. Borrowers looking for new deals or renewals will face higher costs. Many households can expect monthly repayments go up.

The latest rise follows a string of increases. Lenders are reacting to market pressures. The outlook for mortgage rates remains uncertain. Homeowners with expiring deals face steeper payments. New buyers are also affected. Rising costs increase the burden on families.