I found a cure for myself.
Afetr suffering with this for 2 months and trying suggestions here, which failed for me, I went to a private doctor, this is the 2 things I did:
1) Applied Iodine by Betadine 60ml but any Iodine solution will do. It's a brown liquid and you mix it with around 50ml or so cold to warm water (not hot), until the solution looks like the consistency or a strong English Breakfast tea (of course without milk). Place the penis head into this solution for 5 minutes. Do this twice a day.
2) Secondly, a prescription to antibiotic Doxycycline at 100mg x 28 capsules. I took one twice a day for 2 weeks.
This worked for me! Although, due to getting this remedy in parts, I did only the Iodine part for the first 2 weeks on its own. This cleared the skin up but I kept the uncomfortable swelling feeling in the penis shaft and testicles.
When eventually getting the Doxycycline it soothed the swelling feeling too.
If others try this remedy please write your experiences here too so we can see if this is a global cure (cure for all) for this very strange disorder or not.
Prior to this I also tried Canesten HC, which always worked in the past for this condition which I believe is Thrush and/or Balanitis. Balanitis being the product of Thrush.
Really hope this helps others out there! Please post your results if you decide to try this.