Thanks for all the support. I finally fixed it today, even though it is only a temporary measure until I find enough time to fix the issue permanently.
The problem was the clips on the brake pad that push it and hold it into the piston, this clip had detached itself from the pad and was rattling about in the piston. As a temporary measure I used some super strong glue to secure the clip back into the pad (you mix the resin with the hardener and you'll have yourself a very powerful glue, at least once it sets). I'm not expecting it to last till the pads wear down but until I find the time to replace both of the rear brake pads it will do. As you can see the pads themselves have a fair amount of life left in them.
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After allowing it to settle completely I took it for a test drive and sure enough the noise had gone, at least 95% of it, I'm assuming that the issue will be fixed permanently when I do replace the brake pads.
In all honesty I am extremely pleased that the issue was only the brake pads and nothing more serious, I did find that my fuel tank wasn't properly supported but besides that, the subframe and the diff bushes are all intact which is fantastic news.