After some disassembly I found the actual cause of why the hose had managed to contact and rub on the serpentine belt pulley below it. 
 
This Norma RSGU 27 pipe retaining clip has a larger internal diameter than the external diameter of the hose it secures in place. This allows the hose to drop lower than ideal if it's not all assembled exactly right (which it clearly wasn't after I did the timing belt - well done me...).
Changing this to a smaller pipe retaining clip resolves this and ensures the hose is held in place high enough. I had a spare size 25 on hand which proved this theory, but the internal diameter was smaller than ideal for the hoses external diameter. Size 26 < 
NORMA RSGU 1. 26/15 W5  | NORMA Group > would be the sweet spot.
The Engine Cooling - TDV6 2.7L Diesel - Cooling System Draining, Filling and Bleeding procedure in the Land Rover workshop manual doesn't refer to the bleed screw point on the EGR cooler circuit at all in the bleeding process which added to my suspicion that this coolant circuit is solely for the EGR cooler purpose making me more comfortable to eliminate it.
 
Followed the two hoses from the EGR cooling circuit, down to where they connect to two seperate black plastic t-pieces near the thermostat of the bottom radiator hose assembly. The two hoses and barbs are different sizes to each other.
I found a 19mm (or 3/4") blanking cap (left over spare that I keep on hand for my D2a TD5's behind the turbocharger water outlet) was the correct fitment for the smaller and a 25mm (or 1") for the larger. Tried all the industrial and hose specialists locally and only one had a 25mm blanking cap in stock - it's fairly thin rubber and I'm not very comfortable with it's quality (it looks like a door stopper to me!). I've ordered some better quality replacements online - Samco Sport silicone units:
25mm - 
Silicone Blanking Cap 25mm Bore Black - Samco Sport
19mm - 
Silicone Blanking Cap 19mm Bore Black - Samco Sport
 
  
Alternatively you could possibly purchase a new right angle joiner for the smaller and a straight joiner for the larger one. For the larger t-piece the two inline connection barbs are definitely larger than the 25mm of the t-off connection barb. Not sure about the smaller unit but looks like the three barbs are all the same size for that one.
For now I've left the bulk of the piping in place incase I need to revert back.
So next up is to now stop the exhaust gas flowing into the EGR coolers - as eventually these will corrode through and fail.
Spoke to Pete Bell at Bell Auto Service who provided the EGR Deactivation Patch and he's not sure if issues will be caused by the entire removal of the EGR cooler units as they leave them in place to assist with their MOT inspection compliance. Reading some threads on here I found:
D3 EGR Valve Removal Latest Options?
So it's likely I can just get some of the Td5 EGR delete blanking plates with suitably longer bolts, and slip them in between the exhaust manifold outlet and EGR cooler stopping the exhaust flow into the EGR cooler but retaining the units in place to avoid upset to the electronics (
discorevy also suggested leaving them in place as they form a bit of a heatshield for the exhaust system).
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