Generally, they give you a leeway of 10% of the speed limit plus 2.
So, in a 30mph zone, you can go 35mph without being caught, but 36 mph gives you a speeding ticket.
On a motorway or dual carriageway (70mph), you could go up to 79 mph without the camera flashing.
Also, the speedometer in a carsis usually adjusted for this and generally reads up to 5mph faster than you're actually going. So, it could be that the people you see going 80mph are actually reading 79 mph or below according to the speed cameras.
I've been caught speeding once (mobile camera in a van) - for going 36mph in a 30 mph zone... but the speedometer in my car actually read 40 mph at that time!
If you are caught speeding, the ticket/fine/notice will be sent to the registered owner of the car, though I assume if you were driving, but you aren't the registered owner, you need to declare that it was you, so that the points go on your licence and not on theirs.