That £400+ sounds like a dealer price.
Try and find a secondhand intercooler and get it swapped out by a local independant garage.
Or
remove the intercooler and see if a local engineering shop can weld the hole for you
or
squeeze a decent sized piece of Davids P38 over the area to fill the hole (I once repaired a radiator this way and it lasted years).
Either way up, do something about it now, as it won't get better on its own and it's easier to sort it out whilst it's not urgent than when corrosion makes the hole bigger.
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