What happens if my domain name registration expires?

Domain names that are no longer in use with registration that has been allowed to lapse are considered expired. This period extends for 30 days, during which you can renew your registration if you wish. If you have not renewed within these 30 days, there is a further 30-day period known as the redemption period during which you can recover the domain for a fee. Five to seven days after the redemption period has ended, the domain name will be released as available for anyone else to register.