previous_post_link
and its sibling are pretty simple functions, so there’s not a lot to play with if you really want to use these (if you’re building a plugin and do not want to touch the theme, making you need a filter which isn’t there).
However, since you’re talking about templates, I’m guessing that you’re building a theme. That gives you another option, namely building your own previous/next post link. The instrument for this is get_adjacent_post
.
That function will simply give you the previous/next post as an object, leaving you all posibilities to change the permalink with add_query_arg
and then build your html around it.