As already mentioned, the pros and cons of equity release generally, as well as the pros and cons of specific schemes, will be different for each person. So your financial adviser will want to understand your personal and financial circumstances in great detail. They will want to know all about:

• Your current provisions for retirement
• Your family and dependants, health and benefits
• Your financial position
• Your objectives and priorities
• Your views on house price inflation

This information will be needed in detail. Without it, your adviser won’t be able to explore your options and make the right recommendation to you.