Eight major UK lenders have lifted mortgage rates across many home loans. Average fixed-rate deals are moving higher, offering no relief to borrowers. The increases cover 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, heaping more pressure on mortgage pricing. The Times and The Telegraph each 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 pricing in market pressures. The outlook for mortgage rates is still uncertain. Homeowners with expiring deals see higher costs ahead. New buyers face the same pressure. Rising costs increase the burden on families.