CHC's comment right here could be found to be depressing for you.
[webmasterworld.com...]
In a case where you are the original registrant of the .co.uk (or .org.uk) domain you don't have to wait for the name to "drop".
All you need to do is to send a fax to Nominet asking them to "retag" the domain name to a specified Nominet member registrar. I have the letter in the approved Nominet format, if anyone needs a copy just email me for it. I am not touting for business, you may use the letter with any UK registrar that you want.
[edited by: CHC at 12:27 am (utc) on July 21, 2002]
Have a read of [webmasterworld.com...] , a sobering tale!