Eight major UK lenders have increased mortgage rates across many home loans. Average fixed-rate deals are moving higher, offering no relief to borrowers. 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, putting extra strain on mortgage pricing. The Times and The Telegraph both reported the rises. Borrowers looking for new deals or renewals will face higher costs. Many households can expect monthly repayments go up.

The latest rise comes after several increases. Lenders are responding to market pressures. The outlook for mortgage rates stays uncertain. Homeowners with expiring deals face steeper payments. New buyers are also affected. Rising costs increase the burden on families.