I'm sorry, but you may have missed my point, and are defending the undefendable. 123reg renewed the domain for a further year. It's not actually in any 'so called' grace perdiod, thats a big fat lie by 123reg. It should have already been on the open market by then, but now is not due to officially expire until 2013 since they renewed it. Also unable to change the IPS tag and move the domain away at this point.
For those who want to read 123reg's blurb on the grace period, visit:
http://tinyurl.com/cdbuunf
They make no mention of the fact that they renew the domain for a year, waiting for you to pay them £40 instead of about £9.99. YES they renwed the domain to avoid them paying any high redemption fees themselves, so what you are saying is wrong. they say they are passing on this fee, but they renew the domain in advance of the domain reaching a grace period.
I have been told by a friend that after a further period of time, if the fee is not paid, the domains end up listed on an unrelated site for thousands of pounds (HugeDomains.com). 123reg state that they have no contact with hugedomains, but yet the domain is renewed by 123 and passed onto hugedomains. Explain that anyone?
Without going in to a long explanation, and to try and keep this simple....
If a domain is renewed and live, aka NOT in redemption period, we will not charge a fee.
If we do renew a domain name for a year on expiry that was not wanted, and the customer wants that domain name, they only have to pay the years fees as per normal.
There are no hidden fees, and no conspiracy to try and charge more for domains that are held on our tag.
When we launched multi year .uk domains we also introduced some other features, such as auto-recovery (where possible) from redemption, that page was not working correctly and showed some incorrect information. Sorry about that. We are / have fixed anything not working exactly as our open business practices state, as I have stated here. Any customers who were charged more for manual renewal with an admin fee are to be refunded.
Let me know the domain in question and I will check it personally myself, issue a refund if we did charge a redemption fee when we should not have. Email is [email protected]
123-reg has open business practices, as the largest in the UK it would be very easy for us to start charging fees to transfer tags away, hike up renewal fees compared to sale fees or any of the other practices out there, but we do not do that. Our size is built on years of open business practices and to continue our growth we will stand by those.