Should we pull out

[TaupePanda]

We've been looking for a house for 18 months. It's been ridiculous - where we live is insane and everything flies off the market.

But, we had an offer accepted on a house that wasn't shifting. We were a bit suspicious as it's also a really good price for the size, in this area. But, we looked at it twice asked some questions and were happy with it. Its rough round the edges but nothing we can't handle. We also only need the tiniest mortgage which we'll pay back in no time. It felt like we'd hit the jackpot.

So the problem... we told friends and one piped up and said they'd also seen it. Not a surprise, we know they're looking too. Then they mentioned the leak in the basement floor. Which we hadn't spotted.
Apparently a pipe is leaking but the seller doesn't think it's really an issue.

The thing is, the pipes will all be under concrete - the whole houe is a concrete foundation due to extension. If water has soaked up from below through concrete, that's a pretty major leak.

Now I'm worried the seller is trying to flip this house because it's got a problem that will be expensive to fix (they haven't been there very long).

This isn't a house we totally love so we are thinking of just pulling out. But the market is so crazy it equally feels mad to let go of a house when we finally have one!!

And we can't decide and I'm exhausted by it all. What do you all think?

What does the survey say, how much are the quotes to fix it. Will the vendor meet you more than half way? Can you afford the remedial work?

The survey is useless. Just says evidence of water damage to patch of kitchen floor but unknown source - I don't know why we even bothered with one tbh. Seller says its nothing and it looks worse than it is because its in the kitchen so water has splashed on the floor. Unless we rip the floor up, we can't see what's actually going on so have no idea what costs of remedial work might be.
Seller is playing it down, of course. But concrete can rot from water damage, as a worse case scenario, and result in a problem with foundations.

Might be useful to get a drains survey to see if it's a cracked / leaking drain ? If the leak is in the water supply, or groundwater, it won't be much help, but they aren't overly expensive.

If the price is good and you will have a small mortgage.. then maybe you can find a way to fund the repair... if this really could be the one... then see what needs to be done to find the problem and fix it... everything is fixable at a price.. you just need to understand what that price is..

BUT... bearing in mind that 18 months on the market... the sellers really should have fixed it .. it is a big question . Why have they not got their insurance company involved to fix it... or if the extension / building work was recent... why have they not involved the builder who did the work.