Eight major UK lenders have raised mortgage rates across many home loans. Average fixed-rate deals keep rising, offering no relief to borrowers. The increases cover 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 carried reports on the rises. Borrowers looking for fresh deals or renewals will face higher costs. Many households can expect monthly repayments go up.

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