Eight major UK lenders have lifted mortgage rates across many home loans. Average fixed-rate deals are moving higher, with no respite for 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, putting extra strain on mortgage pricing. The Times and The Telegraph each reported the rises. Borrowers looking for new mortgage terms 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 pricing in market pressures. The outlook for mortgage rates stays uncertain. Homeowners with expiring deals see higher costs ahead. New buyers are also affected. Rising costs add to the strain on households.