Firstly, I suggest visiting the website for both the National Council for Drama Training (NCDT) and the Conference of Drama Schools:
http://www.ncdt.co.uk/http://www.drama.ac.uk/You can download this PDF detailing everything you need to know about drama school entry:
http://sites.stocksphere.com/cds/files/CDS%20Guide%202009%20web.pdfI would also suggest reading Simon Dunmore's advice:
http://www.btinternet.com/~simon.dunmore/auditioning_for_drama_scho.htmI hate pasting a long list but here's the twenty two accredited institutions:
Academy of Live and Recorded Arts
The Arts Educational Schools (ArtsEd)
Birmingham School of Acting
Bristol Old Vic Theatre School
Central School of Speech and Drama
Guildford School of Acting (GSA)
Cygnet Training Theatre
Drama Centre London
Drama Studio London
East 15
Guildhall School of Music and Drama
Italia Conti Academy
Liverpool Institute for Performing Arts (LIPA)
London Academy of Music and Dramatic Art (LAMDA)
Manchester Met University (Theatre Department)
Mountview Academy of Theatre Arts
Oxford School of Drama
Queen Margaret University
Rose Bruford College
Royal Academy of Dramatic Art (RADA)
Royal Scottish Academy of Music and Drama
Royal Welsh College of Music and Drama
It's important to consider accredited 'acting' courses, not drama. These courses are offered by drama schools across the country. Accreditation is important because it's recognised internationally by the industry and you'll gain full equity status upon graduation (an important factor to consider for a professional actor).
I'm going to be honest, drama School entry isn't easy, in fact, it's probably the hardest area in education to get into. For instance, the Central School of Speech and Drama, receives averagely around 4000 applicants for a 32 placement course, of which there are separate pathways of around 16. So, technically, you're competing with 4000 people for around 16 places. Fortunately the 22 accredited drama schools vary in levels of acceptance. East 15, for example, another accredited school, may receive around 1000 for 58 places, which is still very competitive, but not as much. You'll have to undergo an intensive audition process that comprises numerous recalls and an interview before acceptance. This could potentially span many months.
In regard to finance/funding, many of the drama schools are associated with larger universities. For example, East 15 is associated with the University of Essex, Central School of Speech and Drama is a constituent college of the University of London and the Drama Centre London is part of Central Saint Martins, which is also part of the University of the Arts London. This is good because they're all maintained. In other words, they're government funded and are just like every other course at university with the standard yearly fees (£3000+). The private schools such as RADA and LAMDA are also linked with larger universities and charge similar fees. As a matter of fact, out of the 22 accredited schools, the majority are maintained by the government like any other course. There are only a few that are not, so don't worry. It's about £35-45 for an audition to each of these schools. Accommodation is usually offered by the schools, especially those that are associated with larger universities. If not, they will provide a system to help search for private housing.