Mortgage appraisers will proceed on strike till subsequent February 15, that’s, one month greater than the time established firstly of this strike, which began on December 15 with the goal of denouncing the precarious working circumstances of execs within the sector. The resolution was made in the course of the meeting held this Wednesday by the Spanish Association of Mortgage Appraisers (AETH), after not having obtained a response to their claims in current weeks from the employers, the Spanish Association of Value Analysis (AEV) and the Professional Association of Valuation Companies (ATASA).
After saying the start of a strike on December 15, which, initially, might lengthen as much as a month if a response was not obtained from the sector’s employers, the AETH has determined to increase the unique interval for an additional month, till February 15, “given the lack of response and willingness to dialogue on the part of the appraisal companies and their employers’ associations,” because the affiliation introduced this Thursday in a press release.
Beyond extending the break for 4 extra weeks for now, the affiliation states that lots of its members had been in favor of creating it indefinite if the state of affairs will not be remedied inside this time.
The strike of actual property appraisers ―a gaggle that concentrates round 3,000 self-employed employees―, nevertheless, doesn’t have an effect on all operations. Already earlier than this resolution, the AETH determined to raise the strike for value determinations commissioned instantly by people via appraisal corporations on December 23, every week after the beginning of the cessation of exercise, “to minimize the damage to families and companies that need to formalize a mortgage,” as they declared on the time.
Thus, the extension of an extra month will solely apply to financial institution portfolio value determinations (on uncertain loans from monetary establishments); whereas these carried out via the odd banking channel will proceed to be paralyzed till January 21, one week longer than the unique deadline. On this date “the situation will be evaluated again,” the assertion warns.
Marathon days
The Spanish Association of Mortgage Appraisers, which brings collectively 75% of the union, denounces limitless working hours, as much as 80 hours every week, for salaries which can be typically beneath the minimal interprofessional wage (SMI). For this cause, they demand the negotiation of a collective settlement that doesn’t but exist, wherein new scales are established each by way of remuneration and with respect to working time.
The group of mortgage appraisers is made up of architects, technical architects or amount surveyors, agricultural engineers (these focus extra on rural properties), and different technical graduates. The urgency with which the banks – which focus the majority of the exercise – urge appraisers to hold out research, required by regulation, to worth properties earlier than granting a mortgage; in addition to their lack of ability to barter remunerations (that are beforehand agreed between the appraisal corporations and the monetary entities, as reported by the AETH) symbolize the majority of the claims of this union of self-employed employees.
“Appraisers work with fees below real costs – in some cases, barely 20% of what the end client pays – and with rates practically frozen since 2008, despite the sustained increase in regulatory demands and technical requirements,” this affiliation denounces.
https://elpais.com/economia/vivienda/2026-01-08/los-tasadores-hipotecarios-extienden-un-mes-mas-la-huelga-para-protestar-por-sus-condiciones-laborales.html