Eight major UK lenders have lifted mortgage rates across many home loans. Average fixed-rate deals are moving higher, 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, 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 comes after several increases. Lenders are pricing in market pressures. The outlook for mortgage rates is still uncertain. Homeowners with expiring deals will pay more. New buyers are hit as well. Rising costs put households under more pressure.