Eight major UK lenders have raised 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 come ahead of the Bank of England's next vote on interest rates. Inflation rose to 3.1 percent, heaping more pressure on mortgage pricing. The Times and The Telegraph both reported the rises. Borrowers looking for new mortgage terms or renewals will face higher costs. Many households will see monthly repayments go up.

The latest rise comes after several increases. Lenders are reacting to market pressures. The outlook for mortgage rates stays uncertain. Homeowners with expiring deals will pay more. New buyers face the same pressure. Rising costs add to the strain on households.