News
Updated Lending Code provides new rights and protections for borrowers-
1 Feb 2012
The FLA Lending Code, which has been protecting borrowers for twenty years, has been relaunched today with a range of new protections for borrowers in financial difficulty, and new rights for users of store cards and short-term credit. 
Finance House Base Rate (FHBR) is 1.5% for February 2012-
27 Jan 2012
The FHBR will be 1.5% for February 2012, which represents no change compared with January 2012. 
Dealer motor finance still growing as 2011 drew to a close-
12 Jan 2012
November;s figures showed that dealer motor finance remained UK consumers' first choice for new cars. The Finance & Leasing Association's latest figures show that 61.5% of consumers buying a new car in the year to November used motor finance provided through dealers, almost ten percentage points up from November 2010. 
Car finance sales increase as dealer scheme boosts customer service-
14 Dec 2011
Motor finance sales for private new cars continue to grow, with a 6% increase in October compared to the same period in 2010, according to the latest industry figures published by the Finance and Leasing Association (FLA). 
Motor finance market share hits new high-
13 Oct 2011
Motor finance achieved its highest recorded share of the private new car sales market for four years in August. In the last 12 months, 57.9 per cent of people buying new cars used forecourt finance, according to the latest figures from the Finance & Leasing Association, the trade body for the motor finance industry. 
Jardine awarded top FLA accolade-
22 Sep 2011
Jardine Motor Group is celebrating after successfully achieving 'SAF Approved' status. 'SAF Approved' is fast becoming the professional standard for dealer staff who sell motor finance and Jardine's customers can be confident that they are getting fair and informed advice on the most suitable finance products for them. 
Product innovation contributes to a rise in used car sales using finance-
15 Sep 2011
In the past 12 months, the use of Personal Contract Purchase (PCP) deals to buy used cars has increased by 17%, compared with the same period last year. The latest industry figures from the Finance & Leasing Association show that dealers and finance companies continue to innovate to attract customers of used, as well as new cars. 
Police Vehicle Fraud Unit gets fifth year of funding-
7 Sep 2011
A specialist police unit dedicated to tackling motor fraud has received funding from motor finance companies for a fifth year running. 
Fraudsters using false information to dupe car dealers-
1 Sep 2011
In the last 12 months, almost 30% of motor finance fraud was committed using false finance applications. This is according to the Finance & Leasing Association, which today published motor finance fraud figures for the second quarter of 2011. 
New finance products encourage car leasing-
15 Aug 2011
Increasing numbers of motorists are turning to long term car leases. According to the latest figures from the Finance & Leasing Association, the trade body for the motor finance industry, in Q2 2011 the value of leases for private cars rose by 55% compared to the same period last year.