Twirling aristocrat let go of hot guy here! (7)
I believe the answer is:
bonfire
'hot guy here' is the definition.
(a guy might be burned on a bonfire)
'twirling aristocrat let go' is the wordplay.
'twirling' is a reversal indicator.
'aristocrat' becomes 'nob' (I've seen this before).
'let go' becomes 'fire' (both can mean to dismiss from a job).
'nob' written backwards gives 'bon'.
'bon'+'fire'='BONFIRE'
'of' acts as a link.
(Other definitions for bonfire that I've seen before include "Guy Fawkes Night blaze" , "Means of waste disposal, perhaps" , "It's usually lit on Guy Fawkes' day" , "Signal" , "If Ron be outside, is he alight?" .)