Eight major UK lenders have raised mortgage rates for new borrowers. Average fixed-rate deals are climbing, offering no relief to borrowers. The increases cover a wide range of home loan products.

The moves take place 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 carried reports on the rises. Borrowers looking for new mortgage terms or renewals will face higher costs. Many households are set to see monthly repayments go up.

The latest rise follows a string of increases. Lenders are pricing in market pressures. The outlook for mortgage rates is still uncertain. Homeowners with expiring deals will pay more. New buyers are also affected. Rising costs add to the strain on households.