Ornate chapel prepared for parliamentary term (7,5)
I believe the answer is:
another place
'parliamentary term' is the definition.
(term used in House of Commons for House of Lords)
'ornate chapel prepared' is the wordplay.
'prepared' is an anagram indicator.
'ornate'+'chapel'='ornatechapel'
'ornatechapel' is an anagram of 'ANOTHER PLACE'.
'for' is the link.
(Other definitions for another place that I've seen before include "House next door" , "Lords (for Commons)" .)