Teleportation Pads make it easy to magically travel from one spot to another in any house. Simply place a pad and right click on it to name its location (eg. Bedroom or Kitchen). Once at least two have been placed in a house, step on the pad and you'll be asked to select another location by the name you've given it.
There is a Guild Hall Amenity that serves the same function, so these can not be used in guild halls.
These teleportation pads have become very popular when players completely alter the perceived layout of a home or in very large homes like the Teneberous Island Refuge, because they offer both design flexibility and fast travel.
Many players use these to "break out" of the confines of homes. For more on that topic, see Housing.