Tory Party provides apartment across the pond (5)
I believe the answer is:
condo
'apartment across the pond' is the definition.
I can't tell whether this defines the answer.
'tory party' is the wordplay.
'tory' becomes 'con' (abbreviation for Conservative).
'party' becomes 'do' (do is a kind of party).
'con'+'do'='CONDO'
'provides' acts as a link.
Can you help me to learn more?
(Other definitions for condo that I've seen before include "Texan dwelling" , "Apartment in North America" , "apartment block in Toronto" , "American apartment" , "flat" .)