28 November 2023

Major lenders announce new mortgage rate cuts

Major lenders have introduced fresh cuts to mortgage rates, broadening the options for borrowers seeking deals below the 5% threshold. Starting Tuesday, First Direct has implemented rate reductions of up to 0.40 percentage points.   Meanwhile, Halifax has announced reductions of up to 0.46 percentage points, effective Wednesday. Notably, a five-year fixed-rate for borrowers with a 10% deposit has been reduced by 0.24 percentage points to 4.97%.   Halifax is also decreasing a five-y...

25 October 2023

UK house prices to fall until 2025, predicts Lloyds

Lloyds Banking Group has released a forecast indicating a continued decline in UK house prices for the remainder of 2023 and throughout 2024, with recovery expected only in 2025. Lloyds, the largest mortgage provider in Britain, predicts a 5% decrease in house prices by the end of 2023, and a further 2.4% drop in 2024. This would represent an overall 11% decline in property prices from their peak in the previous year, which was driven by a demand surge for larger homes amid the COVID-19 pandemic...

15 June 2023

West Street - HMO Refurbishment

Tranquility Homes: Converting a 4-Bedroom House into a High-End 7-Bedroom HMO

Are you ready to discover the exciting transformation of a four-bedroom house into a luxurious 7-bedroom House in Multiple Occupation (HMO)? At Tranquility Homes, we pride ourselves on introducing high-end, premium ensuite rooms to the private rental sector, catering specifically to working professionals. Join us on this journey as we maximize the potential of this property and create excellent cash flow for its owner.

Our journey began with a run-down four-bedroom student house. With careful planning alongside the owner and architect, we designed a conversion that optimizes space and functionality. The ground floor now boasts two large ensuite rooms and an open-plan kitchen/living area, while the first floor houses three spacious ensuite rooms. To further increase the property's potential, we fully utilized the loft space, transforming it into two additional ensuite rooms. Throughout the conversion, we prioritized modern and funky design, collaborating with talented designers to create a visually stunning and comfortable living space.

Quality and attention to detail were paramount in our conversion. We spared no expense in selecting premium products to create a high-end offering for the market. The ensuite rooms feature large showers, sinks with vanity units, and beautifully tiled flooring. Comfort was also a priority, and we adorned the rooms with high-quality carpets. To enhance the residents' experience, we implemented combo locks on all doors for added security, installed motion-sensor lighting in communal areas, and ensured high-speed internet connectivity throughout the property.

Living in an HMO offers numerous advantages, particularly for working professionals. It provides an opportunity to connect with like-minded individuals from day one, fostering a sense of community and expanding your network. Moreover, the rental prices are all-inclusive, simplifying financial management. In many cases, the ensuite rooms are as spacious as small flats, providing residents with a comfortable and private living space within a shared environment.

If you're looking to create a high cash-flow rental business with minimal hands-on involvement, partnering with Tranquility Homes is the perfect solution. We can assist you in sourcing suitable properties, overseeing their conversion into high-end HMOs, and managing the assets on an ongoing basis. Let us handle the details while you enjoy the benefits. Get in touch with us today to explore the exciting projects we can work on together.

11 May 2023

Update - The Hat and Cap Works

Join Adam and Rob on their latest visit to The Hat and Cap Factory, a stunning new development project in South Wigston. In this update video, they take you on a tour of the old textile building that has been transformed into a selection of 13 modern apartments.

As they walk you through the site, Adam and Rob give you an inside look at the progress made by the construction company, highlighting the areas that have been worked on and sharing their thoughts on the exciting updates that have taken place.

With their friendly and approachable style, Adam and Rob make you feel like you're right there with them as they explore the different aspects of the development, from the layout and design of the apartments to the unique features of the building's architecture.

Whether you're a property investor looking for your next project or simply interested in the latest developments in South Wigston, this video is a must-watch. With Adam and Rob as your guides, you'll get a firsthand look at the exciting progress being made at The Hat and Cap Factory, and an idea of what to expect from this impressive new development project.

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If you'd like to view this property or any of our other properties call us now, 0116 235 5232 or, chat to us on WhatsApp: https://wa.me/441162960962

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11 May 2023

Meet The Team | Jamie-Lea

Meet Jamie-Lea, a dedicated and experienced Lettings Negotiator at Tranquility Homes. With over 18 months of industry experience at another agency, Jamie has a wealth of knowledge and expertise when it comes to helping people find their perfect home.

Prior to joining the world of property, Jamie spent five years working in hospitality and customer service, where she developed her passion for helping others and delivering exceptional service. Now, as a Lettings Negotiator, she is committed to providing her clients with a stress-free and seamless experience when it comes to finding their ideal rental property.

Jamie is known for her friendly and approachable nature, and her ability to listen to and understand her clients' unique needs and preferences. She takes pride in her work, and always goes above and beyond to ensure that her clients are satisfied with the service they receive.

Outside of work, Jamie enjoys singing and spending time with her family and friends. Her love for music is a testament to her creative and passionate personality, which she brings to everything she does.

If you're looking for a Lettings Negotiator who is dedicated, knowledgeable, and passionate about helping you find your new home, Jamie-Lea is the person for you. Get in touch today to see how she can help you on your property journey.