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While the economy has played a role in the low level of arrears, as have historically low interest rates, regulation has also played a part.
The level of arrears and repossessions has been on a downward trend, falling gently since the middle of 2009.
The LSL survey also suggested that the level of arrears among tenants had worsened, with nearly 10% of all rents late or in arrears.
Chief executive Kevin Dodd said he hoped the level of arrears would fall as they made efforts to help tenants better manage their money.
"That was a group of people who had a good track record of payment and pretty low level of arrears, thrust into a position where they are now is significant arrears," said Mr Forbes.
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Official data shows buy-to-let mortgages have levels of arrears and repossessions no higher than mainstream loans, and in some cases are performing better.
The National Housing Federation says the shift from paying landlords to paying claimants direct for the housing benefit element could trigger unprecedented levels of arrears and increased rent collection costs.
If this levels of arrears were applied across the council, Southwark would face debts of roughly £14m on its annual rents receipts of £115m, blowing a big hole in its ability to maintain, clean and repair its properties, said Livingstone.
This comes on top of five years of rising levels of rent arrears and evictions driven by welfare reform.
Residents will be able to scrutinise performance of all social landlords across six indicators by local authority area, comparing repairs, relet turnaround, antisocial behaviour, levels of rent arrears etc with one another.
But housing charities have warned that the result will be higher levels of rent arrears and greater homelessness.
Related(20)
level of deficits
level of delays
level of assessments
level of entitlements
level of residues
level of tariffs
level of shares
level of defaults
level of rents
level of contributions
level of royalties
level of remittances
level of payments
level of fees
percentage of arrears
level of charges
level of overdue
level of sales
level of taxes
level of Students
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