Carlos Fernandes

Good morning! I have been living in the UK for the past 6 years with a Settled Status. My parents who live abroad in Portugal would like to transfer money for my bank account as a gift to help with my cost of living, around 10.000£ and possibly a much larger amount in the future to help me buy a first house. I wanted to understand if that's taxable or how does that work as I couldn't find a clear information anywhere. In one place the information is that max of 3.000£ early won't the taxed, but then you'll find that it doesn't matter how much they gift it won't be taxed, unless it generates interest. If anyone could clarify this information please, it would be greatly appreciated as we don't want to do anything that is not in accordance to the law. Thank you!