Harsher Punishments Put in Place for Drivers Caught Speeding

As of 24^th April 2017, there are harsher punishments for those who speed along roads and motorways in England and Wales with the most serious speeding offences being punished the most severely.

For example, drivers who are caught doing 51mph and above in a 30mph zone or 101mph and over on a motorway can face fines between 125% and 175% of their weekly income. Drivers could also face a ban of between seven and 56 days or six points on their licence.

However, the new fines are capped at a maximum of £1,000 for non-motorway offences and £2,500 for those caught speeding on the motorway. Full details of the new guidelines can be found in the table below:

Speed Limit (MPH)	Recorded Speed - Band C Fine	Recorded Speed - Band B Fine	Recorded Speed - Band A Fine
20	41 and above	31 - 40	21 - 30
30	51 and above	41 - 50	31 - 40
40	66 and above	56 - 65	41 - 55
50	76 and above	66 - 75	51 - 65
60	91 and above	81 - 90	61 - 80
70	101 and above	91 - 100	71 - 90
Potential Fine	125 - 175% of relevant weekly income	75 - 125% of relevant weekly income	25 - 75% of relevant weekly income
Disqualification/points	Seven to 56 days OR six points	Seven to 28 days OR four to six points	Three points

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Reg Office: Sturrock Way, Bretton, Peterborough, PE3 8YL

Reg. Company Number: 359860

VAT Reg. No. 120617216

Financial Disclosure

F.P. Smith Holdings (Newark Avenue) Limited, F.P. Smith Holdings (Ilkeston) Ltd, and F.P. Smith Motors Ltd are Appointed Representatives of Automotive Compliance Ltd, who is authorised and regulated by the Financial Conduct Authority (FCA No 497010). Automotive Compliance Ltd’s permissions as a Principal Firm allows F.P. Smith Holdings (Newark Avenue) Limited, F.P. Smith Holdings (Ilkeston) Ltd, and F.P. Smith Motors Ltd to act as a credit broker, not as a lender, for the introduction to a limited number of lenders and to act as an agent on behalf of the insurer for insurance distribution activities only.

We can introduce you to a selected panel of lenders, which includes manufacturer lenders linked directly to the franchises that we represent. An introduction to a lender does not amount to independent financial advice and we act as their agent for this introduction. Our approach for a new car purchase is to introduce you first to the manufacturer lender linked directly to the particular franchise you are purchasing your vehicle from, who are usually able to offer the best available package for you, taking into account both interest rates and other contributions. If they are unable to make you an offer of finance, we then seek to introduce you to whichever of the other lenders on our panel is able to make the next best offer of finance for you. Our aim is to secure the best deal you are eligible for from our panel of lenders. Lenders may pay a fixed commission to us for introducing you to them, calculated by reference to the vehicle model or amount you borrow.

Different lenders may pay different commissions for such introductions, and manufacturer lenders linked directly to the franchises that we represent may also provide preferential rates to us for the funding of our vehicle stock and also provide financial support for our training and marketing. But any such amounts they and other lenders pay us will not affect the amounts you pay under your finance agreement, all of which are set by the lender concerned. If you ask us what the amount of commission is, we will tell you in good time before the Finance agreement is executed. All finance applications are subject to status, terms and conditions apply, UK residents only, 18’s or over. Guarantees may be required.

In the event of disputes we are unable to resolve the Retail Motor Industry Federation (RMI) National Conciliation Service will offer free impartial advice and when appropriate an Alternative Dispute Resolution (ADR) service that we are fully committed to. For further information you can visit their website at www.nationalconciliationservice.co.uk or call 01788 538317.

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Harsher Punishments Put in Place for Drivers Caught Speeding