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To be honest £384 to properly repaint a light water damaged ceiling doesn't seem particularly unreasonable. Blocking water damage from coming through again requires a barrier coat and the entire ceiling will need doing. An issue is the time taken between coats extending the length of time. It will very likely be a full day, and comparatively expensive materials.Of course you can just cover it but blending and matching will be difficult and it will only really be a stop gap.
Can you also reach out to the solicitor whom you enagaged while you bought the flat?As you paid for their service, and the contract was legally validated by them, they may be able to give some guidance.
My understanding was that they are simply going to be mending cosmetically, as the water (leak source now fixed) has left some visible marks/scuffs on the ceiling.