I had the same problem with my series 1 a few months ago. I changed the lifters by removing the inlet manifold , ive now done this a few times and it only takes a couple of hours

. My only prob was when she was back together it still made the noise.

I had a closer look around and found that there was an exhaust leak on the under side of the manifold gasket. $20 and 1 hour later no noise and been good ever since.

Just be sure thats its definately lifters before doing any work as it can be expensive. As I found $20 bucks added to the $250 for the lifter job
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