Equity release is quite a simple concept once you get your head around it. I will try to explain it here. The actual equity release mortgages are explained on the website but this bulletin will explain to you how the process of getting equity release works. First and foremost, most people like to get advice and this advice usually comes from an independent financial adviser. These IFAs can either be independent or with a firm of IFAs and some of the firms only specialise in equity release and home reversion.
Then, these IFAs will work through your options and give you what they believe to be best advice. If they decide equity release is for you then they will set up a plan with the best provider for your specific needs.