Eight major UK lenders have increased mortgage rates for new borrowers. Average fixed-rate deals keep rising, leaving borrowers with no relief. The increases extend across 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 will see 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 will pay more. New buyers are hit as well. Rising costs put households under more pressure.