Anyone any knowledge of whether the same process applies for intercalating into a Masters Degree??
Think very carefully about doing a Masters. You get nothing for an intercalated Masters from student finance and no help towards tuition fees (unless you intercalate after fourth year in which case you get £3000ish towards fees from the NHS). Remember a masters costs a lot more than a BSc in most cases.
I was lucky enough to have my fees paid by my parents for my masters and get a partial bursary provided by the med school. However, the intensity and length of the course (it overlapped with our Medicine fourth year by a month or thereabouts) may preclude working. This of course depends on your supervisor, project, course etc. My finances took a dire hit, especially because I fall into the middle income bracket where I get nothing much from NHS bursaries, and a reduced student finance to go along with it. In hindsight though I had a great supervisor who ensured I got multiple publications and presentation. Most people on my course however didn't get hard outputs to my knowledge and if I had been in that position, I'd be regretting my decision to intercalate.