It is crucial to understand how your Equity Release Scheme will work.
There are a variety of different types of schemes. Equity Release Explained is a very good starting point to find out how the plans work.
It is a really good idea to read all of the articles on the right hand side of this blog and then to request the FSA Guide using the box in the top right corner. You can never get too much information about this subject and, hopefully, I have presented it in a logical and clear fashion in bite sized chunks.