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Bells only is a fairly decent option. Touch wood I've not seen any attempts on alarmed houses in London. One advantage of guard response is you don't have to have a key holder for the inevitable false alarms. ADT do a system where they call a list of numbers when the alarm goes off to check the situation. It's a step up from bells only.
Airhead
Dramatic_Hammer
Anyone know much about monitored alarm systems (with guard response)? I'm of the impression that standard bell-only systems are pretty useless but we had an attempted break-in whilst on holiday and Mrs Hammer is pretty freaked out...
I had someone from Verisure round today and it's pretty pricey (but nice) and the main downside is that you're tied to a 3-year contract, which doesn't really fit with our travel plans.