For several years now and for safety reasons they make irons to be non-repairable - to reach the inner workings you need to destroy the iron.
Your iron will have a defective element more than likely - throw it away and get a new one - do not spend too much because you will not be able to repair that when it goes wrong either.
There are dozens of them on Amazon - all sorts of prices. £13 upwards... (post free)
Good luck...
Peccavi, February 2013
edit
I can answer this question...
steam iron is not getting hot, but light is there?