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free alarm system - whats the catch

tir21
tir21 Posts: 1,071 Forumite
Part of the Furniture 500 Posts Name Dropper Combo Breaker
in In my home (includes DIY) MoneySaving
Mom has been contacted by a company saying they can provide her with £900 alarm system and just charge 99 installation

Would there probably be some annual cost

Thanks

Comments

  • enfield_freddy
    enfield_freddy Posts: 6,147 Forumite
    pay them £99 , and leave it in a box , put on ebay for £750


    NO company is going to give £900 worth of equipment away , there will be more catches than on my kitchen cupboards doors


    ONLY have this fitted IF THERE NO ANUAL charges , or maintenance fees
  • bingo_bango
    bingo_bango Posts: 2,594 Forumite
    Lol,

    It will be the £200 annual 'management fees' and the £150 annual service where they get you. Probably with a 10 year minimum term contract too.

    Walk away and buy the kit yourself if you are concerned.
  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    It'll be a monitored system with a monthly fee payable...and probably a five year minimum term.
    Would help if you named the company...
    No free lunch, and no free laptop ;)
  • bingo_bango
    bingo_bango Posts: 2,594 Forumite
    Just seen an ad on Facebook locally for a £700 system. £49 install fee, and then £24.99 pm. No mention of a minimum term, but echoes what macman has stated.
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