Eight major UK lenders have increased mortgage rates across many home loans. 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, heaping more pressure on mortgage pricing. The Times and The Telegraph carried reports on the rises. Borrowers looking for fresh deals or renewals will face higher costs. Many households are set to see monthly repayments go up.

The latest rise adds to a series of hikes. Lenders are pricing in market pressures. The outlook for mortgage rates is still uncertain. Homeowners with expiring deals face steeper payments. New buyers are hit as well. Rising costs put households under more pressure.