Eight major UK lenders have lifted mortgage rates for new borrowers. Average fixed-rate deals keep rising, 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 both reported the rises. Borrowers looking for fresh 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 remains uncertain. Homeowners with expiring deals see higher costs ahead. New buyers are also affected. Rising costs increase the burden on families.