Nominet, the organisation in charge of the .UK domain registry, has stated that the price of purchasing a a .UK web domain is set to rise next year – their first change in pricing for sixteen years. If you want to buy a .uk, .co.uk, .org.uk or .me.uk domain after the 1st of March 2016, the wholesale price will be £3.75 per year instead of the current £2.50.
According to Nominet, the new higher prices will enable them to provide a higher level of service and allow them to compete in an increasingly active industry. It will allow registrars to invest in greater security measures, which has been a growing concern for many website owners with various recent news stories about online security breaches. They’ve also stated that they do not have the power to influence retail prices for .UK domains, as these are set by domain name registrars, but that they will now review their prices every year.
It seems that this price rise reflects the changes that have taken place in the domain space over the past few years, and will bring Nominet up to the levels and standards of international registries around the world. As always, we’ll continue to stay up to date with the latest developments at Nominet and in the world of website hosting and domains so we can continue to provide advice and support for our customers.