|The Equity Release market is large so whereas there are probably over 150 different mortgage lenders there are only around 12 banks and finance firms offering equity release plans.
The question is how to get an overview of the market without incurring an initial charge.
It is easy to do this by talking with an Equity Release broker, but one who covers the 'whole of market'. Whole of market as its name suggests is where the broker can offer any equity release plan offered by any lender.
For example, if you contact a Building Society or bank directly (who offers Equity Release) they will only be able to sell their own products. That's never really good news and there should definitely be better (cheaper and more flexible) deals available from other lenders.
Remember, any financial deal that involves your property is likely to be the largest financial commitment of your life so it's critical you try to get the best deal available. And the only way to get top value is to shop around, but of course this will be the job of your equity release broker.