John Prust will declare mortgage war on Aug 12

August 12 is the start date for John Prust to finally begin his war on the mortgage world.

Two weeks ago, Mortgage Strategy exclusively revealed that the new venture from the former sales and marketing director at Southern Pacific Mort- gage Limited will jointly involve Merrill Lynch and Abbey.

And as new magazine Loan Distributor reveals today, on top of getting referrals from Abbey and the packaging market, Prust’s new lender will also target the secured loans market.

A close friend of Prust’s says: “John has not been allowed to approach anyone since he quit in February and will not be allowed to until May next year, but August 12 is the date he becomes contactable.

“He is a man on a mission – in fact, I’d go so far as to say he’s possessed.”

Bizarrely, August 12 is also the date quoted by the journalist in HG Wells’ The War of the Worlds as the day the Martians launched their lethal attack on Earth.