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Consent fees on restrictive covenants - City and Country Ltd

I have a restrictive convenant in my Transfer Deeds that require me to seek permission from the original developer for any external alterations.  I have written to them to seek permission before I commence work (single storey rear extension) and they are going charge me £1,800 to provide consent!  Other neighnouring properties have previously sought permission and paid £250 admistration fee.  When I question the developers fee he quite openly says that the covenant is there for him to make a profit.  There is no basis to the fee except how much money he wants to make from me, 'Take it or leave it'.  This seems extortionate.  Is there no limit to what they can charge (the amount of fee payable is not expressed in the covenant)?

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