Cambridge & Counties Bank has appointed Stephen Parr as the head of bridging finance, a move that underscores the bank’s commitment to expanding its lending solutions. Parr, who has been with the bank since 2020, will be supported by Andrea Calverley, a senior lending officer who joined in March 2026. This leadership change is significant for the bank’s bridging finance sector, which offers clients access to substantial funding for various property types.
TL;DR: Stephen Parr has been promoted to head of bridging finance at Cambridge & Counties Bank; borrowers can now access up to £5 million for property financing.
Who is Stephen Parr?
Stephen Parr brings a wealth of experience to his new role, having served as a relationship manager and a senior business development manager at Cambridge & Counties Bank. His promotion to head of bridging finance reflects his expertise and the bank’s strategic focus on enhancing its bridging finance offerings. Parr’s leadership is expected to drive growth in this area, catering to a diverse range of clients.
What is Bridging Finance?
Bridging finance is a short-term loan option designed to provide quick access to funds for property purchases or renovations. It is particularly useful for landlords, investors, and developers needing immediate capital to secure properties or complete transactions. Cambridge & Counties Bank offers bridging finance solutions with loan amounts up to £5 million, covering commercial, residential, and mixed-use assets for terms of up to 24 months.
What This Means for Borrowers and Investors
The appointment of Stephen Parr as head of bridging finance is likely to enhance service delivery and product offerings for borrowers. With access to significant funding, landlords and property investors can act swiftly in competitive markets. This is especially important in the current economic climate, where timely financing can make a substantial difference in securing desirable properties. Borrowers should keep an eye on how the bank’s new leadership may influence their lending options and service quality.
Frequently asked questions
What types of properties can I finance with bridging loans?
You can finance commercial, residential, and mixed-use properties with bridging loans from Cambridge & Counties Bank.
How long can I borrow bridging finance for?
Bridging finance at Cambridge & Counties Bank can be secured for a maximum term of 24 months.