The property equity release is one of the ideal means of getting a lump sum amount or steady flow of income by converting the equity of your property. In reality, which ever thing has a capital value can also be put to good use with the help of the property equity release scheme. The property equity release scheme is ideal for all those senior citizens who are facing financial constraints and are in dire need of some cash during their retirement period. The main benefit of the property equity release is that the equity release providers will utilize your property to retrieve the money that they have lent you only after you death. You will not be able to bequeath any of your property to your beneficiaries if you apply for the property equity release. If that option is OK with you and you have no qualms about that matter at all, then you can consider contacting the equity release providers in order to apply for the property equity release.There are many advantages and also some disadvantages of the property equity release that is obtained from the equity release providers. During the post retirement phase, one of the major concerns is that of the feeble financial condition. Many of the home owners grope in the darkness looking for some help in terms of advice from the equity release providers. One of the rays of light can be the property equity release schemes. By availing such property equity release options, you can always secure a tax free income or also opt for a steady flow of income in terms of equal monthly instalments. Apart from providing you with the strong financial support during your retirement years, the property equity release also offers you some significant reduction in the volume of the tax of inheritance. The interest rate of the property equity release is floating in character and thus when the market is in the fluctuating mode and dips below in the rate, then you are allowed to opt for the mortgage refinancing. In case the economic condition is taking a high, then too you are well protected with the No negative Equity guarantee facility by the equity release providers.All the equity release providers offer the property equity release schemes that do not require you to leave the premises of your property. But there are certain disadvantages of the property equity release schemes too. In case the value of the property does not go up and remains below the rate of interest levels, then your beneficiaries will receive a very paltry amount once you expire. In spite of such a pitfall, the property equity release schemes as well as the equity release providers are much favoured amongst the senior citizens all over the world.The property equity release schemes are available in many forms like the lifetime mortgages, home reversion plans, interest only plans, home income plans and the share appreciation mortgage plans. You should ideally choose that property equity release that would be suitable for your property.