Eight major UK lenders have lifted mortgage rates across many home loans. Average fixed-rate deals are climbing, with no respite for borrowers. The increases extend across a wide range of home loan products.

The moves arrive before 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 new mortgage terms or renewals will face higher costs. Many households will see monthly repayments go up.

The latest rise follows a string of increases. Lenders are pricing in market pressures. The outlook for mortgage rates remains uncertain. Homeowners with expiring deals face steeper payments. New buyers face the same pressure. Rising costs increase the burden on families.